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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

Adam Rizvi: Journalist, Publisher, and Community Voice Adam Rizvi, Editor-in-Chief of The India Observer, combines journalism, publishing, and community activism with a passion for storytelling. He directs editorial content, manages writers, and brings expertise in marketing and project management to the newsroom. A lifelong activist, Adam has collaborated with non-profits to amplify underrepresented voices. His diverse career spans literature, management studies, leadership in the travel industry, and creative contributions to film and television as an actor, scriptwriter, and producer. Beyond work, he is a devoted father to daughters Alizah and Anum, and enjoys reading, swimming, hiking, cycling, and restoring his old home. Inspired by the values of his late parents, Adam continues to foster community connections and deliver journalism rooted in integrity and heart. 📧 Contact: mediaiss@gmail.com

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