Naresh Goyal, wife Anita to step down from Jet Airways board

Mumbai, March 25: Jet Airways Founder and Chairman Naresh Goyal and his wife Anita Goyal will resign from the board of the crisis-hit airline, according to a regulatory filing.

The resignation followed the airline board’s meeting in Mumbai on the day to decide on ways to procure interim funding as well as the future role of Goyal.

In a filing to the stock exchanges, Jet Airways said Naresh Goyal, Anita Goyal and one nominee of Etihad Airways PJSC would step down from the board.Abu Dhabi-based Etihad is a strategic partner with 24 per cent stake in Jet Airways.

Naresh Goyal would also cease to be the chairman, the filing said.Jet Airways, which has been operating for more than 25 years, is grappling with financial crunch and is also looking to raise fresh funds.

The airline’s pilots along with engineers and other highly critical segments of employees have not been paid salaries from January 1, sources said, adding only 12.5 per cent of December pay was given.

The airline has suspended operations on at least 14 international routes till April-end and over 80 planes are on the ground. As many as 54 aircraft have been grounded due to non-payment of lease rentals.

Meanwhile, the Jet Airways stocks jumped 12 per cent on Monday afternoon following reports on Naresh Goyal’s resignation from the company’s board.

– PTI inputs

Adam Rizvi

Adam Rizvi has a unique talent for publishing to marketing to managing projects, writers & assigning the task to correspondents. Edits an e-paper & cover the news. An activist, spend time with family & friends. His adorable daughters, Alizah & Anum are his lifeline. He spends his time by reading, swimming, hiking, cycling and watching with them their favorite TV shows, & fixing the Big Old House where he lives. Studied literature & management.Volunteer for non-profits. President of a Travel Agency. Publisher. Circulated the newspapers. Acted & Assisted in directing & production of the award-winning film & TV Serial. Scripted a little. Modelled. Emceed the live shows & judged competitions. A caring sibling and was an obedient son of his late doting parents whom he misses dearly.Adam uses his various positions & experiences in building the strong relationship with all. Appreciates his articles being read, commented, liked and shared. He can be reached at his personal email: mediaiss@gmail.com.

Leave a Reply

Your email address will not be published. Required fields are marked *