Jet Airways said on Tuesday that Chief Executive Officer Vinay Dube had resigned with immediate effect. Earlier today, Jet Airways' Deputy Chief Executive and Chief Financial Officer Amit Agarwal had also resigned.

After CFO, Jet Airways CEO Vinay Dube resigns

Jet Airways CEO Vinay Dube on Saturday informed the media he, along with his staff, met Finance Minister Arun Jaitley at his residence and requested him "to have an open and transparent bid process," news agency ANI reported.

Jet CEO Vinay Dube meets Arun Jaitley, says 'we have been assured of open and transparent bid process'

Jet Airways CEO Vinay Dube, in a statement, said that the "last few months" have been "exceedingly challenging times" for the organisation and that pilots and aircraft maintenance engineers will receive their salaries for the month of December 2018 for now.

'Exceedingly challenging times,' says Jet CEO Vinay Dube; announces remittance of December salaries

A meeting of the Jet Airways board is currently underway in Mumbai. The airline is currently hobbling under over $1 billion of debt and the board is to be briefed about the latest developments in the airline.

Jet Airways board meets, pressure on founder Naresh Goyal to quit

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After CFO, Jet Airways CEO Vinay Dube resigns

Jet CEO Vinay Dube meets Arun Jaitley, says 'we have been assured of open and transparent bid process'

'Exceedingly challenging times,' says Jet CEO Vinay Dube; announces remittance of December salaries

Jet Airways board meets, pressure on founder Naresh Goyal to quit