Jet Airways founder Naresh Goyal and his wife Anita Goyal will step down from the board of the cash-strapped airline. In addition, Naresh Goyal will also cease to be the chairman of the airline, he set up with his wife in 1993. Jet Airways communicated this to the exchanges after its board held a meeting today. Naresh Goyal owns a 51% stake in Jet Airways.
Jet Airways board also said that an interim management committee will be set up to manage and monitor the daily operations and cash flow of the company.
One nominee of Etihad Airways, which owns 24% stake in the airline, will also step down from the board.
