Sunday 21 April 2019
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news.statetimes.in - 26 days ago

Goyals deboard, lenders to pilot Jet A airline to get Rs 1,500 cr immediate funds

AGENCY Mumbai/New Delhi: Giving up chairmanship after more than 26 years, embattled Jet Airways founder Naresh Goyal on Monday quit as a board member, with the lenders taking control of the cockpit and deciding to infuse Rs 1,500 crore immediately into the ailing airline. Struggling to stay afloat amid a debt burden of over Rs [ ]


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