Jet Airways CEO Cramer Ball put in papers

Jet Airways Chief Executive Officer Cramer Ball resigned on Thursday becoming the fourth CEO of the private carrier to have quit since April 2013 when it offloaded a part of stake to Abu Dhabi’s national airline Etihad. The airline also announced that its whole-time director Guarang Shetty will serve as acting CEO under the supervision of Chairman Naresh Goyal. Ball was appointed as the Jet Airways CEO in May 2014, after the acting chief executive Ravishankar Gopalakrishnan, who was also the chief financial officer of Jet Airways, decided to part ways with Naresh Goyal-owned full service carrier. Ball has quit the airline to pursue a new opportunity, in Europe for family reasons.