Naresh Goyal

Sad day for Indian aviation; wake up call for policymakers: SpiceJet chief on Jet

Naresh Goyal is the Founder and Chairman of Jet Airways, a full-service airline that has been flying for more than 25 years.

Mar 25, 2019, 17:41 PM IST

Jet Airways Chairman Naresh Goyal, wife Anita quit from board

Goyal who set up the company with his wife in 1993, would also cease to be the chairman.

Mar 25, 2019, 15:32 PM IST

Jet Airways founder Naresh Goyal to quit as chairman today: Report

The report also said that Jet`s lenders may invoke Goyal`s entire stake in the airline, and start looking for a new buyer in the coming weeks.

Mar 25, 2019, 10:31 AM IST

Goyal seeks Rs 750-cr lifeline from Etihad, warns delay may ground Jet Airways

The airline holds 49.9 percent stake in the loyalty programme, while the majority is with Etihad.

Mar 11, 2019, 18:09 PM IST

Jet Airways grounds two more aircraft, likely to impact 75 flights

Jet Airways informed that an additional two aircraft have been grounded due to non-payment of amounts.

Mar 01, 2019, 23:58 PM IST

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

Saddled with a billion dollars in debt, Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

Feb 28, 2019, 19:57 PM IST

Ready to infuse up to Rs 700 cr in Jet Airways subject to conditions, says Naresh Goyal

When shareholding of an entity in a listed company goes beyond a certain threshold, then the open offer requirement is triggered under Sebi's Takeover Code.

Jan 17, 2019, 13:26 PM IST

Jet Airways shares jump over 16% on news of Naresh Goyal's stake dilution

Jet Airways soared 16.13 percent to close at Rs 294.40 on BSE.

Jan 14, 2019, 17:35 PM IST

Naresh Goyal to give up majority control in Jet, Etihad to raise stake to 49%

Jet, which is India`s biggest full service carrier by market share, is in desperate need of cash.

Jan 14, 2019, 15:39 PM IST

Jet Airways board holds unscheduled meeting to discuss Fundraising

In the red for three consecutive quarters, Jet Airways has been gasping for funds to keep the airline afloat amid liquidity crunch.

Dec 21, 2018, 11:41 AM IST

Naresh Goyal will sell controlling stake in Jet Airways: Report

The carrier`s financial woes have been worsened by rising crude oil prices and intense pricing competition in the domestic aviation industry.

Nov 28, 2018, 15:30 PM IST

Jet Airways woes: Goyal briefs aviation secy

Following its abrupt move to indefinitely defer June quarter earnings announcement on August 9, the aviation ministry had said it was keeping a watch on the developments at the beleaguered airline.

Aug 14, 2018, 17:59 PM IST

Jet Airways alerts customers, says no free air tickets being given to mark 25th anniversary

Naresh Goyal-promoted Jet Airways took to Twitter and urged people to exercise caution.

May 23, 2018, 21:29 PM IST

Jet Airways to focus on direct connectivity between tier-II cities

In a major shift in its domestic route network strategy, Jet Airways will now focus on providing direct connectivity between tier-II cities as it aims to penetrate deeper into such markets.

Sep 07, 2017, 12:32 PM IST

JetLite merger: Jet to seek shareholders nod today

Leading carrier Jet Airways will seek the approval of shareholders and creditors on Friday for the proposed merger of JetLite with itself.

Apr 22, 2016, 09:44 AM IST

AirAsia chief raises questions over 5/20 norm

The war of words over 5/20 norm continued with AirAsia chief Tony Fernandes today taking a dig at promoters of Indian airlines asking whether all of them live in India, in an obvious reference to Jet Airways Chairman Naresh Goyal, an NRI living in the UK.

Feb 27, 2016, 19:49 PM IST

Focus on cost reduction amid competition: Jet Airways

Jet Airways, which has posted a record quarterly net profit of Rs 467 crore, today said it would focus on cost reduction amid pressure from competitive and structural changes in the domestic aviation sector.

Feb 08, 2016, 21:06 PM IST

Higher traffic, cheap fuel help Jet fly into record profit

This is the third consecutive profitable quarter for Jet Airways, which is the country's second-largest carrier by market share.

 

Feb 06, 2016, 20:12 PM IST

Jet Airways Q2 profit climbs to Rs 88 cr on lower fuel costs

Jet Airways Wednesday reported 25 percent jump in net profit at Rs 87.59 crore in the second quarter of this fiscal, ended September 30, boosted by low aviation turbine fuel prices and high passenger traffic.

Oct 28, 2015, 21:13 PM IST

Jet Airways to add 19 new flights, upgraded aircraft

Naresh Goyal-promoted Jet Airways Thursday said it will add 19 new flights, including a few red-eye services, and upgrade its aircraft to wide-body Airbus between Delhi and Mumbai to provide additional connectivity on this key route during winter season.

Oct 15, 2015, 22:57 PM IST