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SpiceJet’s second most important official just quit

Oct 29, 2015, 17:50 IST
India’s low cost airline SpiceJet, which was on the verge of a shutdown off late, is into news again as the chief operating officer (COO) of the company has decided to move on. Friday will be the last working day as the SpiceJet COO for Kapoor.
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The 48-year-old Kapoor joined the firm on 1st of November 2013 and had also signed a contract with SpiceJet, which runs until November 2016.

Looking at his successful career, we see that Sanjiv had worked with Bangladesh’s GMG Airlines as CEO and the leader of airline practice at global consultancy Bain. He had also worked with Kalanithi Maran of Sun Group – once the owner of the company. However, the ownership then was transferred to Ajay Singh – a co-founder of the group – due to a severe cash crunch in December 2014.

Ever since Singh came into power, Kapoor’s role started vanishing. And gradually, Singh took over all the significant roles from Kapoor, which even included the official spokesperson of the company. And if officials are to be believed, it has been said that they didn't start on the best of terms.

The moves, definitely, played dramatic role in Kapoor’s exit, believe the officials. Both Singh and Kapoor, however, didn’t make any comments on the report.

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Kapoor’s tenure will be remembered for his contribution in bringing the ticket sales of SpiceJet to a notable position.

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