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GoAir's chances of thriving may depend on the promoters taking a back seat

GoAir's failure to retain senior management has been ascribed to the classic weakness of Indian promoters

GoAir, airlines, flights
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Despite chaos all around, the airline is reportedly looking at an IPO to raise Rs 3,000 crore, according to newspaper reports

Anjuli Bhargava New Delhi
In August 2020, Vinay Dube, former CEO of Jet Airways and a respected aviation professional, resigned from GoAir after just six months in charge. His timing of joining the company — after Jet’s closure — couldn’t have been worse. The pandemic and the lockdown in March led to chaos all around, including for airlines. After flights resumed in May-end, airlines struggled to fill planes. In August, GoAir managing director Jeh Wadia found loads far lower than closest rival SpiceJet and hauled up his senior team, leading to Dube’s resignation the same evening. Dube was escorted out of the office by