Etihad's Harsh Mohan nominated to Jet Airways' board

Etihad's earlier board members in Jet, CEO James Hogan and CFO James Rigney quit the gulf airline earlier this year and hence automatically resigned from Jet's board.

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So far Jet Airways has announced just a single nomination-Mohan-to the board.
MUMBAI: Harsh Mohan, Etihad Group's chief of supprt services has been nominated to Jet Airways' board, its chairman Naresh Goyal said in the airline's annual shareholders' meeting Monday.

The Abu-Dhabi based airline owns about a quarter of Jet.

A news agency separately cited Goyal as saying it has no plans of roping in another investor.


"We have no plans to sell stake to another investor. Also, our partner Etihad has no intention to exit their investment in Jet Airways," the report quoted Goyal.
Industry sources have in the recent past said Jet is in talking with several airlines including the Air France-KLM and American carrier Delta to sell stake. Jet has deep commercial relationships with the airlines.

Etihad's earlier board members in Jet, CEO James Hogan and CFO James Rigney quit the gulf airline earlier this year and hence automatically resigned from Jet's board.

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So far Jet has announced just a single nomination-Mohan-to the board.

Mohan is responsible for support functions at Etihad, according to the airline's website. He joined the airline as vice president, internal audit and risk management in 2011, before progressing to senior VP audit, compliance and risk management in 2013 and later the position of chief of the chairman's project management office, ethics and risk management apart from other functions in the Etihad Group.

Mohan has been part of Air Canada, Sabre Airline Solutions and Gulf Air. He is a chemistry graduate from the Aligarh Muslim University and holds an accounting degree from the Instiute of Chartered Accountants of India.

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During his speech at the AGM, Goyal also said Jet operationally ran a "tight ship" in the previous financial year and reduced debt by Rs 1,092 crore.
"Overall, over the last two years, debt has reduced by one-third," he added.

He added that synergies with Etihad and the one formed more recently with Air France-KLM-the airline shifted its global hub to Amsterdam from Brussels and signed far reaching commercial agreements with the European carriers-have led to better choices for passengers.

Synergies with Etihad enabled a million passengers to connect between India and North America, Europe, Africa and the Middle East over Abu Dhabi.
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Goyal said the shift to Amsterdam has also seen a 3-fold increase in code share access to European points, from 14 to 38 points when compared to the code share access from Brussels and a one-stop offering to over 220 points in North America by way of code share and interline arrangements. Passengers now have have code share and interline access over Amsterdam to 86 points in Europe, he added.
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