MUMBAI: Jet AirwaysNSE 4.72 % founder Naresh Goyal Friday told his employees that he is willing to make “any sacrifice” for them and to revive the beleaguered airline.
He also assured them that the management, led by CEO Vinay Dube, will give them an update on its resolution plan by March 18, by which time the situation will be “gently easing up” in the airline’s favour.
Goyal’s emotional letter to his employees comes two days after he agreed to step down as chairman of Jet, according to people in the know. His son beleaguered will represent what remains of his stake after an equity infusion and subsequent shareholding rejig, which is at the core of its bailout plan.
