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Mixed Glory: Naresh Goyal is wily and street smart, but his emotional attachment to Jet Airways was his undoing, writes Captain Gopinath
In the early days of the 1990 reforms, when Licence Raj loosened its grip on many sectors including aviation, a slew of private airlines took to the skies.
Within a couple of years, all but two managed to survive — Jet Airwaysand Sahara Airlines. Others such as NEPC, Damania, East-West, Span, Raj, UB Air, (including Vijay Mallya’s first venture with 18 seater Dorniers) and Gujarat Airways vanished into thin air.
Of the two that survived, Jet and Sahara, the former was promoted by a little-known travel agent named Naresh Goyal.
Jet not only survived the tough aviation space but also grew painstakingly and steadily into an airline of excellence India could boast of. Jet was an airline brand that matched the best in the world in quality and consistency of service, efficiency and punctuality.
It was renowned for its clean aircraft cabins, technical d