Wednesday, August 15, 2018

Jet Airways woes: Chairman Naresh Goyal briefs aviation secretary

Mumbai: Under fire from regulators and employees for the financial woes engulfing the airline, Jet Airways chairman Naresh Goyal met aviation secretary RN Choubey yesterday in the capital and apprised him of the ongoing crisis.

Goyal, the London-based NRI, had last week told his shareholders that he's embarrassed and guilty of their losses, later left for London amidst the airlines' plans to raise funds to come out of the financial airpocket, sources said.

Following its abrupt move to indefinitely defer June quarter earnings announcement on August 9, the aviation ministry had said it was keeping a watch on the developments at the beleaguered airline.
14/08/18 PTI/Times of India

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