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

Topics
GoAir | Aviation industry | Jet Airways

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 ...

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, February 16 2021. 06:10 IST
RECOMMENDED FOR YOU