Kingfisher Airlines board accepts CEO Sanjay Aggarwal's resignation


Kingfisher Airlinetoday said its board has accepted the resignation of Sanjay Aggarwal, who had put in his papers as chief executive officer nearly a year ago. 
Faced with mounting losses and rising debt, Kingfisher Airlines stopped flying in October 2012. The carrier's two-year window to renew its flying license also lapsed last year. 
The company today informed the BSE that Aggarwal's resignation has been accepted by the board. 

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