Jet Airways' Chief Financial Officer Amit Agarwal is taking on the responsibility as acting chief executive officer effective March 1, 2016.
He will function as acting CEO in addition to his responsibilities as CFO till the appointment of a new CEO, the Mumbai-based airline said in a statement.
Cramer Ball, an Australian appointed CEO of Jet Airways in May 2014, resigned in December last year to join Italy’s national airline Alitalia as CEO.
Abu Dhabi-owned Etihad Airways owns 49 per cent of Alitalia and 24 per cent of Jet.
Agarwal joined Jet Airways in December 2015 and has more than 24 years of experience having held leadership positions in India, Europe and North America.
"Amit will spearhead the Executive Management Committee of Jet Airways in delivering our strategic objectives. Jet Airways has made demonstrable progress towards achieving long-term sustainable profitability, having recorded three consecutive profitable quarters. Our business performance clearly demonstrates that our efforts are showing positive results," Jet Airways Chairman Naresh Goyal said.
Jet Airways announced a profit of Rs 467 crores for the third quarter ending December 31.
