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Naresh Goyal

Naresh Goyal Image Source : Wikipedia
  • Born 29 July 1949
  • Age 75
  • Birth Place Sangrur, Punjab, Dominion Of India
  • Nationality Indian (NRI)
  • Profession Former Chairman Of Jet Airways
  • Company Jet Airways
  • Citizenship India
  • Residence London

Naresh Goyal BIOGRAPHY

Last Updated : 02 Dec 2024
Naresh Goyal: Architect of Jet Airways Naresh Goyal, founder and chairman of Jet Airways, significantly shaped India's aviation landscape. Launching Jet Airways in 1993 with funding from Tail Winds incorporated, he spearheaded the airline's growth, making it a prominent player in the domestic and ...

Naresh Goyal PERSONAL LIFE

NARESH GOYAL NEWS

Explained: Look-Out Circular, the notice that (apparently) grounded former Jet boss Naresh Goyal

May 28, 2019 1:21 pm

What is a Look-Out Circular, and when can it be issued? Does an LOC lead to an arrest in all cases? What is the difference between an LOC and Interpol notices like the Red Corner Notice? All your questions answered.

Former Jet Airways chairman Naresh Goyal, wife stopped from going abroad

May 26, 2019 5:26 am

A Jet employee, who did not want to be named, said Kiran Pawaskar, president of the All India Jet Airways Officers and Staff Association, had recently met the Mumbai Police Commissioner and asked the police to keep a close watch on Naresh Goyal’s movements.

Ex-Jet Airways chairman Naresh Goyal, wife denied permission to travel abroad

May 25, 2019 8:21 pm

Naresh Goyal, along with Anita Goyal, had resigned from the board of Jet Airways, which he founded 26 years ago, in March following a debt restructuring plan. He had also resigned as the airline chairman.

Jet Airways suspends operation: A peek into the past of one of the pioneers of India's private aviation industry

April 18, 2019 7:04 am

As low-cost airlines made their way into India's civil aviation sector in the 2000s, Jet Airways decided to lower the fares drastically. The losses and the resulting debt grew throughout the past decade, and Jet Airways began defaulting on loans.

Jet Airways could 'suspend' operations as ex-chairman Naresh Goyal opts out of bidding

April 16, 2019 4:54 pm

The full-service carrier, which is currently operating less than 10 aircraft, is awaiting fresh fund infusion under a debt resolution plan.

Naresh Goyal pledges 26 per cent stake in Jet Airways with PNB for loans

April 12, 2019 3:10 am

Last month, Goyal stepped down as the chairman of the airline as part of a debt-resolution plan. This is expected to enable the banks to fund a suitor for the ailing carrier.

Rescue deal is no panacea for India's struggling Jet Airways

March 29, 2019 6:45 pm

Jet shares have rallied 20 per cent since news of the rescue on hopes that the airline would now be able to clear salaries, redeploy grounded planes and claw back market share.

Jet Airways shares rally further, zoom nearly 9% after Naresh Goyal steps down

March 26, 2019 11:41 am

Jet Airways stock opened on a bullish note Tuesday and jumped 8.80 per cent to Rs 276.90 on the BSE and at the NSE, shares advanced 8.93 per cent to Rs 276.80.

Jet Airways debt crisis: Naresh Goyal, wife quit board, lenders step in to keep it flying

March 26, 2019 7:13 am

According to the lenders’ bailout plan, Goyal and his wife Anita Goyal, and one nominee of Etihad Airways, Kevin Knight, will step down from the board.

No sacrifice too big for me to safeguard Jet interest: Naresh Goyal

March 26, 2019 3:35 am

"For the sake of my family of 22,000 employees and their respective families I have today taken the step of stepping down from the board of Jet Airways,” Goyal said.

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