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Naresh Goyal's resignation a wake-up call for policymakers: SpiceJet chief

SpiceJet chief Ajay Singh also said that it was a wake-up call for Indian policy makers

Press Trust of India  |  New Delhi 

Ajay, Ajay Singh, spicejet
Chairman and Managing Director Ajay Singh, SpiceJet

SpiceJet chief Ajay Singh on Monday said that it was a "sad day" for as Naresh Goyal and his wife Anita Goyal stepping down from the board of

Naresh Goyal is the Founder and Chairman of Jet Airways, a full-service airline that has been flying for more than 25 years.

Referring to the latest developments, Singh, who is the Chairman and Managing Director of budget carrier SpiceJet, also said it was a wake-up call for the country's policymakers to address structural challenges that is making domestic airlines uncompetitive.

Goyal and his wife will step down from Jet Airways' board under a resolution plan piloted by its lenders.

"Today is indeed a sad day for By launching a truly world class airline, Naresh and Anita Goyal made India proud," Singh said in a statement.

He also said that it was a wake-up call for Indian policy makers.

"We urgently need to address structural challenges that make India's airlines uncompetitive to airlines around the world," he added.

First Published: Mon, March 25 2019. 17:00 IST
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