Goyals' exit from Jet Airways: Sad day for Indian aviation; wake-up call for policymakers: SpiceJet chief Ajay Singh

New Delhi: SpiceJet chief Ajay Singh on Monday said it was a "sad day" for Indian aviation as Naresh Goyal and his wife Anita stepping down from the board of Jet Airways.

 Goyals exit from Jet Airways: Sad day for Indian aviation; wake-up call for policymakers: SpiceJet chief Ajay Singh

File image of Ajay Singh. News18

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 Indian aviation. By launching a truly world class airline, Naresh and Anita 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.

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Updated Date: Mar 25, 2019 19:51:57 IST

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