Jet Airways CEO quits
New Delhi: Nikos Kardassis, chief executive officer of Jet Airways, has resigned. Mr Kardassis has been with Jet Airways since its inception in 1994 and has been instrumental in steering the airline into its present status of a professional airline preferred by business travellers.

A Greek by origin and with airline experience with a number of American carriers, he is said to be unhappy with Jet Airways' functioning, and was not in agreement with the airline's chairman Naresh Goyal.

Jet Airways is in the midst of a major expansion plan and is entwined in a fare war in the Delhi-Mumbai sector.

Saroj Dutta, executive director of the airline, has been given officiating charge as the chief executive officer.
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Murdoch names Chernin as successor
Sydney: Rupert Murdoch, chairman and chief executive of News Corp, has named Peter Chernin, his company's president and chief operating officer, as his likely successor, at least for some time.

Mr Murdoch has told Newsweek magazine that his three children, Lachlan, James and Elisabeth, who are working for News Corp, are not ready to take his place. They have to prove themselves first, he said. He described Peter as being very much senior to them.

Asked who would run his media and entertainment company, Mr Murdoch said it will be a matter for the board. Mr Chernin would probably be the CEO, and older son Lachlan the chairman.

Lachlan Murdoch is already on the board of News Corp.
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