Founder Goyal, wife Anita quit Jet Airways board

Amid ongoing crisis, Jet Airways Ltd Chairman Naresh Goyal and his wife Anita stepped down from the airline's board on Monday, media reports said.

Jet Airways has more than Rs 8,000 crore in debt and is looking for urgent liquidity infusion to pay its pilots, engineers and make payments to its lessors.

As per ICRA's report, the airline has large repayments due in March to the tune of Rs 1,700 crores and further Rs 2,445 crore due in FY20 and Rs 2,168 crore due in FY21.