Jet Airways promoter and founder Naresh Goyal (File Photo/IANS)

Various agencies probing Jet; thwarted Goyal’s trip abroad

New Delhi:  Multiple agencies are looking into Jet Airways’ former promoter Naresh Goyal’s alleged role in financial irregularities in the running of the grounded airline. According to highly placed sources, multiple agencies, including the Serious Fraud Investigation Office (SFIO), are probing Goyal’s role in siphoning off loan amounts raised on behalf of Jet Airways to […]

Jet Airways promoter and founder Naresh Goyal (File Photo/IANS)

Naresh Goyal, wife offloaded from London flight

Mumbai:  Former Jet Airways chief promoter Naresh Goyal and his wife Anita were offloaded from a London-bound flight and barred from leaving India this morning by immigration officials, sources said here on Saturday. The duo had boarded the Emirates EK-507 flight and the aircraft was recalled after it had already reached the taxiway and preparing […]

Jet Airways CEO Vinay Dube (File Photo/IANS)

Jet saga: CEO, CFO resign as airline revival hopes fade

New Delhi:  Grounded Jet Airways’ Chief Executive (CEO) Vinay Dube has become the latest senior executive to leave the company, further damaging hopes of the airline’s revival. According to a Jet Airways BSE filing on Tuesday: “We wish to inform you that Vinay Dube, Chief Executive Officer of the company, vide his letter dated May […]

An employee of the debt-ridden Jet Airways breaks down during a demonstration at Jantar Mantar in New Delhi, on April 18, 2019. (Photo: IANS)

Jet management hints at gloomy days ahead

New Delhi: A day after Jet Airways grounded its operations completely, reality is fast dawning upon over 20,000 Jet Airways employees. While staff had in the last few weeks were getting informally advised to take leave, senior managers have started sending formal emails to stay back home. “Rotation shifts are being discontinued except third party […]