Jet Airways appoints new CEO, achieves industrial peace, shares on a roll

Premium Analysis

Jet Airways announced the appointment of Nikos Kardassis as Acting CEO, to replace Wolfgang Prock-Schauer, who has resigned, effective 15-Oct-2009, to become CEO of British Midland PLC (bmi). Mr Prock-Schauer, an Austrian national, became CEO of Jet Airways in Jun-2003 and will replace Nigel Turner at bmi, who will become Deputy Chairman of the UK carrier.

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