Don't Fly Away: From Earning Rs 300 A Month To Becoming One Of The Richest Indians Who Grounded Quickly Again And Faced Bankruptcy
Riches To Rags: Jet Airways, once one of the biggest airlines in India, was founded by Naresh Goyal. But because of its high operational costs and stiff competition, the airline experienced financial difficulties. The airline was shut down in 2019, and Goyal resigned as chairman at the same time. He is currently engaged in legal disputes over unpaid fees and fraud allegations.
Aug 21, 2023, 18:18 PM IST
DNA analysis on the downfall of Jet Airways
Jet Airways (India) Ltd flew its last flight on Wednesday night—9W 2502 from Amritsar to Mumbai—after lenders declined to hand out emergency funds, bringing the curtains down on an era in which it broke into a state monopoly sector to become India’s largest private airline at one point.
Apr 18, 2019, 22:40 PM IST
