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Jet Airways: step back from the president?

Meanwhile, another 6 planes were grounded

The founder and president of Jet Airways Naresh Goyal would have agreed to resign from his duties in the carrier in an attempt to increase the chances that the rescue agreement could be concluded, which provides for the direct intervention of the State Bank of India (SBI) that would transform debts into shares by taking possession of them. According to local sources, however, Goyal in spite of the...

M/A - 1219377

AVIONEWS - World Aeronautical Press Agency
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