Chief financial officer and deputy chief executive of Jet Airways, Amit Agarwal resigned from the airline on 13 May. The carrier announced Agarwal’s departure in a stock exchange statement, saying that it was due to “personal reasons”.
No immediate successor was named by the company. Jet Airways suspended operations on 17 April after it was unable to source emergency funding to keep flying. A process to find new strategic investors is ongoing, with Etihad Airways confirming that it is prepared to “reinvest” in the bankrupt operator but would require other suitable investors to also help recapitalise it.

Vinay Dube, chief executive of Jet Airways has resigned. The Indian carrier says Dube is stepping down "with immediate effect due to personal reasons", a statement to the Bombay stock exchange confirmed. Dube became Jet's chief in August 2017, having previously served as senior vice-president for Asia-Pacific at Delta Air Lines. Jet also today disclosed the resignation of finance chief Amit Agarwal, also for personal reasons.

Azul has indicated that they are still in the race for assets of bankrupt Avianca Brazil with a new offer, while the financially troubled carrier filed an appeal in court against the suspension of its bankruptcy auction last week. Azul has filed a petition for a minimum bid of $145 million on a new isolated productive unit, or UPI, of assets comprising "certain slot pairs" of Avianca Brazil including those for the lucrative shuttle service between Sao Paulo and Rio de Janeiro.
"The company believes that the sale of this single new UPI will provide Avianca Brazil’s employees, customers, creditors, and other interested parties, a legal and legitimate alternative to maintain its business as a going concern in light of the rapid deterioration of the company’s activities," says Azul.