SpiceJet majority shareholder, Kalanithi Maran, is likely to take over as chairman of SpiceJet tomorrow (Economic Times, 14-Nov-2010). Mr Maran has also hinted at a possible "overhaul" of the airline’s board. Maran, who has a 37.7% stake in the LCC, has appointed Neil Mills as CEO. Several senior directors officials, including the former CEO Sanjay Aggarwal and founder Ajay Singh, have already left the company.
Maran likely to become SpiceJet chairman
15-Nov-2010 11:11 AM