Tuesday, March 26, 2019

Jet founder Naresh Goyal, wife resign from board

Jet Airways founder Naresh Goyal and his wife Anita on Monday stepped down from board of the airline. Saddled with more than $1 billion of debt, Jet is struggling to stay afloat. It has delayed payments to banks, suppliers, pilots and lessors - some of which have forced the airline to ground as many as 40 planes.

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