Krishnan Balakrishnan new CFO of GoAir

New Delhi, Sept 17: Wadia Group-promoted no-frills airline GoAir has appointed Krishnan Balakrishnan as its Chief Financial Officer (CFO).

Balakrishnan has replaced Siddhartha Datta who quit the airline some time back to pursue other "interests," GoAir said.

"Krishnan Balakrishnan has joined GoAir as its Chief Financial Officer yesterday," GoAir spokesperson said. Prior to moving to GoAir, Balkrishnan was holding the position of Vice President for fleet management at Naresh Goyal-owned full service carrier Jet Airways.

He is the second senior executives to have parted ways with Jet Airways in the recent past as earlier its Chief Commercial Officer Raj Sivakumar also quit the carrier last month.

Significantly, GoAir Chief Executive Officer Wolfgang Prock-Shauer is also formerly from Jet Airways. Prock-Shauer had quit the airline in October 2009 after serving as its CEO for around six-and-a-half year.

Balakrishnan was one of the key members of Jet Airways team that negotiated the 24 per cent stake sale deal with Etihad in 2013.

PTI