JetLite CEO Maunu von Lueders resigns

By PTI Jul 17 2008 , Mumbai

Jet's low-cost subsidiary carrier JetLite Chief Executive Officer Maunu von Lueders, has put in

his papers. Lueders, who was appointed as the CEO on April 5 this year, has resigned from his post some time back. However, the resignation has not been approved yet.

"I have been discussing the issue with the management for quite some time. I have completed my assignment," Lueders told PTI here today. JetLite is a part of the Naresh Goyal-spearheaded Jet Airways group. Jet had acquired Air Sahara and had rechristened it as JetLite, making it a wholly-owned subsidiary of Jet Airways.

The integration process (following the acquisition) was much deeper now and so he did not have much of a role to play in the current situation, he said. Lueders, however, did not specify the exact date of his departure from the company. It is not decided, whether it will be August or September..., he added.

A Finnish national, Lueders had taken up the assignment after his predecessor Garry Kingshott completed his contract with JetLite. "I am not leaving for taking up some other assignment," the JetLite CEO said, adding, "I am not here to build a career. My career is behind me."

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