- Current Affairs 26th March 2019. Jet Airways founder-Naresh Goyal (age 69 years) and his wife Anita Goyal resigned from the Company's Board.
- The board also approved the issue of 11.4 crore equity shares of the company to the consortium of lenders upon conversion of Rs 1 of the outstanding debt.
- 25-years after founding private airline Jet Airways, Naresh Goyal & Anita Goyal back in 1993 ran into debt amounting to over $1 billion. There were delayed payments to vendors, banks, pilots and lessors, which resulted in the airline having to ground nearly 40 of its aircraft.
Published On : 26 Mar 2019
Current Affair
