Kingfisher Airlines announces appointment of a Chief Executive Officer

I will continue in my role as Chairman & Managing Director and Sanjay will report directly to me. All Executive Vice Presidents and other officers currently reporting to me will, henceforth, report directly to Sanjay.

Mr. S.R. Gupte, Vice Chairman, will continue to Chair the Executive Committee of which Sanjay will become a member with immediate effect.

Sanjay's most recent assignment was as CEO of Spicejet Limited which he successfully turned into profit. He has a good understanding of the Indian Aviation industry and the various unique business imperatives in India.

Prior to joining Spicejet, Sanjay was COO of Flight Options, the world's second largest private jet provider. He also spent four years with Marriott International as Senior Director - Information Technology, Strategic and Operations Planning.

Sanjay has also worked for US Airways for six years and brings with him a unique blend of Airline and Hospitality experience which is the hallmark of Kingfisher Airlines.

We look forward to a positive contribution from Sanjay in leading the growth and profitability of Kingfisher Airlines going forward whilst maintaining the highest level of service that has earned Kingfisher the distinction of being India's only five star rated and most awarded Airline in just six years since inception.