In a sudden development, GoAir has announced that Vinay Dube has ceased to be its CEO, and has been replaced by Kaushik Khona, who returns to the seat after a gap of nine years.
Dube, the former CEO of Jet Airways, had joined GoAir in February 2020. Initially, he was was serving as an advisor to the carrier.
“Vinay Dube has ceased to be in the employment of GoAir with immediate effect and hence ceases to be the CEO of the Company,” the low cost airline said on August 14.
The company added that its Nominations & Remuneration Committee and the Board met on Friday, and appointed Khona as CEO with immediate effect.