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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

Jet Airways to clear dues & salaries, restore normal operations

March 26, 2019 7:25 am

The firm has formed an Interim Management Committee to oversee the performance under the supervision of the board with the support of McKinsey & Co.

Naresh Goyal, wife step down from Jet Airways' board

March 25, 2019 7:39 pm

With this, Naresh Goyal ceases to be the chairman of the airline, which has been grappling with more than Rs 8,200 crore debt, unpaid salaries and a grounded fleet.

Explained: Naresh Goyal's exit from Jet Airways' board — why markets are celebrating

March 25, 2019 5:02 pm

Even though Jet is not the only airline to bear the brunt of macro factors such as high fuel prices and a depreciating rupee, analysts say the carrier’s high debt levels and failure to raise fresh funds have landed it in trouble.

In letter to staff, Jet Airways chief says he is committed to restore stability to operations

March 18, 2019 8:24 pm

In a communication to employees on Monday, Goyal said talks with the airline's strategic partner Etihad Airways, which owns 24 per cent stake in Jet, and SBI-led lenders were going on.

Naresh Goyal seeks Rs 750-cr lifeline from Etihad, says a delay may ground Jet Airways

March 11, 2019 4:38 pm

The Etihad board is meeting in Abu Dhabi Monday to discuss the resolution plan for Jet in which it owns 24 percent stake since April 2014.

Jet Airways founder Naresh Goyal agrees to step down as chairman: Source

February 28, 2019 9:07 pm

The source with direct knowledge of the matter further said that Eithad, which owns a 24 per cent stake in Jet Airways, is reticent to provide interim funding of about 7 billion rupees ($99 million) to Jet Airways.

Jet Airways board approves rescue deal, banks to get over 50% stake in bailout plan

February 15, 2019 9:27 am

The resolution plan allows the lending consortium to nominate members on the board. The company called an extraordinary general meeting on February 21 for shareholder approval.

Naresh Goyal: Ready to infuse up to Rs 700 crore in Jet Airways subject to conditions

January 17, 2019 2:20 pm

Goyal's offer comes against the backdrop of strategic partner Etihad reportedly putting forward strict conditions, including that Goyal should give up control, for infusing funds into the crisis-hit carrier.

Jet Airways' survival may rest on founder Naresh Goyal leaving the cockpit

December 14, 2018 2:24 pm

The 25-year-old airline, which Goyal set up with his wife at a time when state-run Air India was the only real formidable opponent, has outstanding dues of about $400 million.

‘DGCA cleared only part of Jet schedule, rest approved later’

December 06, 2018 3:08 am

Earlier this week, Jet Airways said it has added 65 new weekly services to its domestic and international operations. Meanwhile, the company also announced stopping of free meals for most of its economy class passengers.

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