Jet Airways founder Goyal to quit as chairman – Deccan Herald

Annapurna Singh, DH News Service, New Delhi,
Mar 25 2019, 09:48am ist
updated: Mar 25 2019, 15:30pm ist

Jet Airways Chairman Naresh Goyal on Monday stepped down amid a debt crisis in India’s second-biggest airline, which he nurtured for nearly 25 years.
His wife Anita Goyal too has quit the Board of Jet Airways.
This would pave the way for investors including State Bank of India to rope in its own official to head the airlines. SBI has proposed a Rs 1,500 crore plan to take the airways of its current crisis by paying salaries to its employees and re-pay part of its debt to the lenders.
More to follow.

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Monday 25 Mar 2019
updated: 3:54 pm IST
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