Mumbai: Jalan Kalrock Consortium, the Successful Resolution Applicant and new proposed promoters of Jet Airways has announced the appointment of Sanjiv Kapoor as the Chief Executive Officer.
Sanjiv, who is currently President of Oberoi Hotels & Resorts, will be joining from April 4, 2022.
Prior to joining the Oberoi Group, Sanjiv was the Chief Strategy and Commercial Officer at Vistara, a TATA – Singapore Airline Joint Venture, from 2016 until 2019. During Sanjiv’s tenure, the airline grew from 9 aircraft and 40 flights a day to 38 aircraft and over 200 flights a day. All of Vistara’s revenue generating and customer facing functions, as well as strategy, network planning, marketing, loyalty, inflight services, ground services, and product development reported up to him.
Prior to Vistara, Sanjiv led SpiceJet, India’s second largest LCC, through its unprecedented turnaround in 2014-2015 as its COO and de facto CEO from November 2013 until October 2015, shepherding the airline through a period of record high oil prices and a cash crunch, to cultural and operational transformation, ownership change, and profitability within 15 months of assuming charge, in the process fundamentally changing the Indian airline industry in terms of its earlier approach to pricing, marketing, and customer delight.
Sanjiv, a Wharton MBA, started his airline career with Northwest Airlines (now merged with Delta) in the US in 1997, where he worked in finance and corporate planning. In 2004, Sanjiv joined Bain and Company (in Singapore, and subsequently in Dallas and London) as a leader in their airline practice, working with global airline clients on projects ranging from strategy and performance improvement/ turnaround, to network, alliances, and customer experience. Sanjiv’s previous employers include Temasek Holdings, Singapore, and Oracle Corporation.
