India's private carrier Jet Airways said Friday that its chief executive Nikos Kardassis has resigned from the firm. "Nikos Kardassis has resigned with effect from June 5," the airline said in a statement to the stock exchanges, without disclosing the reason. The carrier's chief operating officer Hameed Ali will be the "acting CEO", until a replacement for Kardassis is appointed.
The airline thanked Kardassis for his "significant contributions" to the airline over a period of five years, the statement said. Jet Airways in April approved a landmark deal through which Abu Dhabi-based Etihad will pick up a 24 percent stake in the Indian airline.