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Breaking news: Krishnan Balakrishnan leaves Jet joins GoAir as CFO – Bangalore Aviation
GoAir Airbus A320 VT-GOJ takes off from New Delhi. Photo by Devesh Agarwal.
GoAir Airbus A320 VT-GOJ takes off from New Delhi. Photo by Devesh Agarwal.

Breaking news: Krishnan Balakrishnan leaves Jet joins GoAir as CFO

September 16, 2015 1 Comment 442 Views

Another senior level departure has hit Jet Airways. Krishnan Balakrishnan, Vice President fleet management and controls is joining the Wadia promoted GoAir as Chief Financial Officer.

An internal announcement at GoAir says “We are pleased to announce the appointment of Mr. Krishnan Balakrishnan as CFO with effect from Sept 16.”

Balakrishnan is a chartered and cost accountant with 22 years of experience, most of it in the aviation industry. He was in Jet Airways in leading roles across financial controls, MIS, treasury, fleet management and key member of the strategic growth initiatives team.

We await Jet Airways’ reaction as we are rushing to publish this breaking news.

What do you make of the high profile departures from Jet? Share your thoughts via a comment.

About Devesh Agarwal

A electronics and automotive product management, marketing and branding expert, he was awarded a silver medal at the Lockheed Martin innovation competition 2010. He is ranked 6th on Mashable's list of aviation pros on Twitter and in addition to Bangalore Aviation, he has contributed to leading publications like Aviation Week, Conde Nast Traveller India, The Economic Times, and The Mint (a Wall Street Journal content partner). He remains a frequent flier and shares the good, the bad, and the ugly about the Indian aviation industry without fear or favour.

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One comment

  1. satyajitters
    September 18, 2015 at 15:27

    In hindsight it seems but logical : There is very little to do in Jet with limited aircraft deliveries and existing aircraft being leased out. Moreover his autonomy is extremely curtailed at Jet given that Etihad essentially holds the remote control. Go-Air on the other hand is seen to be wavering after Roni’s exit and needs experience and vision at the top. It becomes even more important considering that the 2016 will see the beginning of the 72 A320 NEOs ordered by them.

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