Kardassis served Jet Airways as its CEO in two stints spanning over 14 years. Jet Airways did not respond to queries on the issue. The UAE national carrier Etihad Airways holds 24% stake in Jet Airways, which it acquired in 2013. Kardassis served Jet Airways as its CEO in two stints spanning over 14 years -- the first stint being between 1994 and 1999. In another development, country’s largest lender SBI has ordered for a “forensic” audit of Jet Airways books between April 2014 and March 2018 for alleged financial irregularities.

Source: Mint December 16, 2018 12:11 UTC