New Delhi: GoAir chief executive Giorgio De Roni has quit the airline citing health reasons, sources said.
Mr De Roni, an Italian national, had joined the Wadia Group-promoted budget carrier in 2011.
"De Roni has quit GoAir. He had requested the management to relieve him on health grounds. Today was his last day at the airline," sources close to the development told PTI.
When contacted, a GoAir spokesperson did not comment on the issue.
Mr De Roni had taken over the post from Kaushik Khona, who was instrumental in getting back the no-frills airline on its feet.
During Mr De Roni's tenure the airline made profit for two successive years, though profitability eroded by almost 95 per cent in the last fiscal year.
While in FY13, GoAir posted a profit of Rs 104 crore, it declined to a paltry Rs 5.44 crore in FY14 due to a rise in fuel prices and a higher exchange rate.
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