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Jet Aiways: A man from Punjab soared high, and then nosedived

By Economic Times - 7 hours ago
Once India's top airline, Jet Airways, founded by Naresh Goyal, ceased operations in 2019 due to financial troubles. Despite a resolution plan approved in 2020, the airline faced liquidation as the plan failed. Goyal, who rose from humble beginnings to build the airline, made critical errors, including a costly acquisition and fleet mismanagement, leading to Jet's downfall.

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