Grounded carrier Jet Airways chief executive officer (CEO) Vinay Dube has resigned with immediate effect due to personal reasons.

An Indian American, Dube's appointment was approved by the airlines' board of directors on May 30, 2017. Dubey has served in various roles at Delta Airlines, Sabre Inc and American Airlines in the US, Europe and Asia.

Also, sources privy to the developments told CNBC-TV18 that Rahul Taneja, chief people officer at Jet Airways, has resigned.

Earlier today, Jet Airways' deputy chief executive and chief financial officer Amit Agarwal has resigned. Agarwal's resignation is effective from May 13, it said.

"We wish to inform that Amit Agarwal, the deputy chief executive officer and CFO of the company, has resigned from service due to personal reasons, with effect from May 13," Jet Airways said in a regulatory filing.

The airline seized operations temporarily around mid- April due to the acute liquidity crisis. Most of the airline's board members have also quit in the last month.

Last week, the SBI-led consortium of lenders to Jet Airways Friday said it had received bids from Etihad Airways and from a few unsolicited parties to acquire a stake in the grounded airline.

The consortium of 26 lenders, which now owns 51 percent in the airline, had invited expressions of interest between April 8 and 12 and had received four preliminary bids. The lenders are offering 31.2-75 percent stake in the company on a fully diluted basis.

SBI Caps, which has been mandated for the sale, in a statement said, "sealed bid from Etihad Airways has been received and the same will be submitted to lenders for examination."

It has also received a few unsolicited offers, which the lenders may deliberate on subsequently, the statement said, adding the banks are likely to evaluate bids next week. Jet Airways ceased operations temporarily on April 17 due to acute financial distress.

Shares of Jet Airways ended at Rs 129.10, down Rs 10.35, or 7.42 percent on the BSE.

First Published:May 14, 2019 4:52 PM IST