Jet Airways :- Mistakes done by jet airways founder naresh goyal

Jet Airways :-   Mistakes done by jet airways founder naresh goyal

In 2006 naresh goyal paid 3500 crore rupees to purchase Sahara but jet airways could not could not recover this money

And this money was big loss to the naresh goyal

Naresh goyal fail to to keep watch on indigo SpiceJet go airlines because these airlines came with least price ticket and perform well provided better services in airline industry

Jet airways without checking what is market situation and what is computer analysis started spending lot of money on the unnecessary things which is not required

Jet airways failed to restructure the the airline Company organisation

Jet airways has more employees per aircraft compared to other computers

Since 2010 jet airways loss started increasing and promoter could not make any significant impact and could not provide any significant solution to it

Once jet airways was selling tickets below the cost of travelling through airlines for promotion or increasing sales true mass production

Difficult situation where jet airways to be sold but there was no wire

There was difficult situation where naresh goyal want to sell craft organisation jet airways but could not sell it because there was no byer

Now the question is what will happen to jet airways naresh goyal is no longer on the board of director

To get their loan on money back employee will go to the bankruptcy code and try to recover their money

everybody related to jet airways for us to provide services to the jet airways will take the jet airways to the court

Once organisation is announce bankrupt two three months we cannot sell any acid after that they will be allowed to sell the assets of jet airways

There are three four airlines are selected along with Etihad airlines but final decision in terms of merger and acquisition could not happen

SBI top official said until and unless jet airways bought by any big player in the industry or anybody big player in the industry help up the jet airways by investing money into their organisation we will not give fresh loan new loan

People are thinking that it only government can help survive jet airways so it is expected that government will take action immediately and save jet airways