Naresh Goyal

Naresh Goyal

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Naresh Goyal 

Reading success stories of greatest professionals stimulates motivational enzyme within us and we all wish to emulate them on path of success.

Exactly with this aim - India's content lead MBA website is presenting you series of success stories of Professionals who have   carved niche in their own way and have become icons of Management Fraternity. 

Following above you will read today success story of Mr.Naresh Goyal  :  

Mr. Naresh Goyal is an Indian businessman and founder Chairman of Jet Airways. With over four decades of experience in the aviation industry he catapulted Jet airways from its nascent stage to one of India's most preferred airlines.

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A non-resident Indian he was born in Punjab in the house of a jewellery dealer. At the age of 11 his family went through an economic crisis and his house was auctioned. He completed his graduation in Commerce from Bikram College of Commerce, Patiala.

After his graduation he joined the travel business with the General Sales Agents for Lebanese International Airlines where he underwent rigorous and extensive practical training with several foreign airlines. During this period he travelled overseas extensively for business.

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Gifted with sky-high optimism, Goyal launched his first airline, Jet airways at a time when Air India and Indian Airlines were the only domestic carriers. Jet Airways has been a soaring success since its first flight in 1993 and has redefined the way people fly.

The airline has been acclaimed by frequent travellers as the most preferred carrier offering the highest quality of comfort, service, standards and reliability. It currently operates more than 355 daily flights and has a network connection of 55 domestic and international destinations.

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It has opened a new chapter of rapid international expansion plan by commencing its operations to North America. Using Brussels as its hub, Jet Airways will increase its international operations exponentially to other North American destinations. It also plans to spread its wings to other destinations in Europe, Africa and Asia in the near future.

With his superb knack of expertise and technical skills, Goyal later founded Jetair (Private) Limited in 1974, with the objective of providing Sales and Marketing representation to foreign airlines in India. He was involved in the development of traffic patterns, route structures, operational economics and flight scheduling, all of which has made him a name to reckon in the world of aviation and travel.

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He later ventured into an agreement with his prominent rival Vijay Mallya's Kingfisher Airlines after the airline industry went through a rough patch in the second half of 2008. The collaboration would rationalize the operation of routes, sharing of codes, prices and availability, fuel management and ground handling. He recently took over Air Sahara giving his company 32% of the Indian travel market.

Jet airways has now decided to up its ante by refurbishing its existing domestic Boeing 737 fleet to reflect progressive customer needs. The utmost importance given to cabin crew training and grooming has helped the airline create a unique reputation for world-class service.

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Goyal’s tenure in the world of aviation won him many awards and accolades. Forbes magazine declared him the 16th richest person in India with a net worth of USD 1.9 billion. He was conferred the first NDTV Profit Business Award by Prime Minister Manmohan Singh in 2006. Business Week selected Goyal as one of the five leaders from India in their Asia Edition cover story "Stars of Asia - 25 Leaders at The Forefront of Change."

The 60-year-old corporate honcho who made his vision turn into reality holds the notion, “Having changed the way people fly in India, we will now take our very own brand of service, style and the spirit of new India, to the rest of the world. All over the world I would like Indians to take over the best jobs. If you have Indians in NASA, why can’t we make our airline the best in the world? It’s not rocket science.”

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