SpiceJet COO Sanjiv Kapoor quits

Sanjiv Kapoor is believed to have been sidelined after the new management took over earlier this year following the Marans offloading their entire holding to Singh.

In a significant management change since original promoter Ajay Singh took over the airline, SpiceJet’s Chief Operating Officer Sanjiv Kapoor today quit the no-frills carrier.

Sources in the airline said Kapoor’s resignation comes over a year before expiry of his employment contract.
SpiceJet has seen many senior-level exits since the change in ownership. Those who parted ways with the airline include its Chief Commercial Officer Kaneswaran Avili and IT head Sudhakar Kondisetty.

A co-founder of SpiceJet, Singh, who exited the airline in 2010, took back its control after acquiring the entire 58.46 per cent stake of Kalanithi Maran and Kal Airways Pvt. Ltd in February as part of a revival plan.

SpiceJet also does not have a chief executive officer since July 2013 when the then CEO Neil Mills quit the airline.