Jet Airways independent director Ranjan Mathai resigns

Crisis-hit Jet Airways said that retired diplomat Ranjan Mathai has resigned as an independent director on its board due to his other commitments.

Jet airways connectivity — The airline has also deployed their "wide-body B777 with a capacity to seat 346 guests, to facilitate the travel of our guests between Mumbai and Goa." The statement added that the airline was "fully cooperating with various authorities, including the DGCA and AAIB, for investigation into the incident."Reuters file [Representational Image]

Debt-laden carrier Jet Airways (India) Ltd's independent director Ranjan Mathai resigned late on Thursday, citing rising pressure from other commitments.

The departure comes as the airline struggles to keep itself afloat, with rising debt levels and higher oil prices weighing on profits. Indian conglomerate Tata Sons Ltd said last week it is in preliminary talks with Jet, but has not made a proposal to buy a stake.

"I am no longer able to devote the time required to meet my obligations, as an independent director on the Board of Jet Airways and have accordingly decided to resign from the Board," Mathai said in a statement issued by the airline.