Nasim Zaidi Quits Jet Airways Board

New Delhi, Apr 22: Grounded carrier Jet Airways today said its non-executive and non-independent director Nasim Zaidi has quit the board, citing personal reasons and time constraints.

Zaidi, the former Chief Election Commissioner and ex- civil aviation secretary, joined the Jet Airways board in August last year.

“This is to inform you that Nasim Zaidi has submitted his resignation as a non-executive, non-independent director of the company with effect from April 21 due to personal reasons and constraints of time,” Jet Airways said.

The airline, which ceased all its operations temporarily last week, is under the management control of State Bank of India-led consortium of lenders following a debt-recast plan approved by its board last month.