Naresh Goyal, founder of Jet Airways. Photo: EPA

Founder of Jet Airways Naresh Goyal quits as troubled airline scrambles to stay afloat

  • The airline, which has debts of more than US$1 billion, said in a statement that its creditors would inject up to US$218 million of ‘immediate funding support’
  • Thousands of customers have been stranded in recent weeks after hundreds of flights were cancelled and Jet has been has been forced to ground three-quarters of its fleet as it was unable to pay aircraft lessors
Topic |   India

TOP PICKS

Naresh Goyal, founder of Jet Airways. Photo: EPA
READ FULL ARTICLE