Thursday, March 28, 2019

End of an era in Indian aviation as Goyal bows out

Jet Airways founder Naresh Goyal rose from humble beginnings to be undisputed king of India's skies. But now, at 69, massive debts have forced him to cede control of the pioneering airline he founded.

Goyal stepped down as Jet chairman Monday and quit its board as part of a rescue plan for the beleaguered carrier, marking the end of an era in Indian aviation.

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27/03/19 Phys.org

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