Bowing to pressure from creditors, Jet Airways chairman Naresh Goyal resigns

Bowing to pressure from creditors, Jet Airways chairman Naresh Goyal resigns

Naresh Goyal. Photographer: Jasper Juinen/Bloomberg

Naresh Goyal, a former ticketing agent who went on to build one of India’s biggest airlines, has stepped down as chairman of cash-strapped Jet Airways India Ltd. after caving in to pressure from creditors.

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