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The rise and fall of Jet Airways: An interactive timeline
As Naresh Goyal exits the company he founded, here's a look at the timeline of the life and fall of Jet Airways
Jet Airways has seen better days. In the last few years, piling losses, now to the tune of over ₹3,000 crore, have cast a dark shadow on the fortunes of the airline. As losses mount, salaries remain unpaid, and the company defaults on loan repayments, the State Bank of India-led consortium of lenders has swarmed in with a rescue plan. Earlier this week, owner Naresh Goyal stepped down along with his wife Aneeta Goyal.
Here's an interactive timeline to take you through the history of Jet Airways and Goyal from 1967 to date.
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Dr. NEENA PRASADIf only corporate governance was in place with close monitoring of the business scenario, JET Airways would have been in a more commanding position. This is true to Kingfisher airlines as well. In the Indian business scenario, the much needed attention to corporate governance is not considered seriously. Ex. ICICI Bank, JET, Kingfisher, PNB, etc
on Apr 29, 2019
