Chronicling The Jet Airways Saga: From Making History To Becoming It

The only consolation, perhaps, for Naresh Goyal – the airline’s affable founder – is that Jet Airways died a natural death (due to market forces); unlike the mass extinction, precipitated by the ongoing COVID-19 crisis, that awaits the airline industry at large.

ED raids Naresh Goyal’s residence and Jet Airways’ offices suspecting FDI violations

Alleging FDI violations during transaction with Etihad in 2014, the Enforcement Directorate is conducting searches at multiple Jet premises.

Delhi HC allows Naresh Goyal to withdraw plea to travel abroad

The Delhi High Court on Friday allowed Jet Airways founder Naresh Goyal to withdraw his plea seeking to travel abroad.

Executive exodus continues as Hinduja enters Jet fray

Chief Executive Officer Vinay Dube also resigned, a day after grounded carrier Jet Airways’ Deputy Chief Executive and CFO Amit Agarwal stepped down citing personal reasons.

Jet CFO abandons ship amid sinking investment hopes

CFO Amit Agarwal latest in line to abandon ship | Etihad’s offer short of lender expectations | Dubai-based airline keen to stay on as minor investor

Who is pushing Jet down the drain?

Lenders promised Rs. 1500 Crores funding to keep the airline flying. Then what went wrong? HEAD SHOT With no revival plans after multiple efforts Jet Airways stares at complete shutdown Jet’s lenders had promised Rs. 1500 Crore interim fund after…

Jet Airways chairman steps down from his post

Naresh Goyal stepped down as Jet Airways chairman Jet Airways Chairman Naresh Goyal stepped down on Monday, paving way for lenders to bail out the financially troubled airline he set up 25 years ago. The board meeting held in Mumbai…

Naresh Goyal bails out, Jet Airways lives on

“With approval of a bank-led resolution plan, Naresh Goyal will lose control of Jet Airways. But on the positive side, he may have saved Jet from becoming the next Kingfisher, at least for now”- Deepak Kaistha  HIGHLIGHTS The Board of Jet…

Jet’s ‘knight in shining armour’ issues letter of discomfort

Etihad Airways has set tough conditions for a bailout, including a bargain price, exemption from norms and summary exit of Naresh Goyal from operational responsibilities. Etihad Airways has reportedly agreed to rescue Jet Airways, but in a bargain deal with…

Naresh Goyal down, Shares up

DKODING ( New Delhi ) – Shares in Jet Airways bounced over 18 percent on Monday after a report that chairman Naresh Goyal is probably going to venture down from the leading body of the troubled organisation and surrender greater…