Jet Airways founder and chairman Naresh Goyal and his wife Anita stepped down from the board of the troubled, debt-laden airline after a meeting of its directors here on Monday approved a revised resolution plan.
Goyal will cease to be chairman of the airline that he founded in 1993 as an air taxi operator before it turned into a full-fledged airline in 1995.
Under the terms of the revised resolution plan, Etihad Airways’ nominee director Kevin Knight will also step down from the board.
Goyal’s nominee directors — Gaurang Shetty and Nasim Zaidi — will, however, continue to represent his interests on the board for now. Shetty was a former acting CEO of the airline while Zaidi, a former civil servant, was a former director-general of civil aviation.
