Business Standard

Tuesday, January 28, 2025 | 08:38 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Avoid market leader's curse: Management lessons from the Jet Airways crisis

The paradox of the civil aviation industry is that while it has emerged as one of the fastest growing industries in the country, it is notoriously known for its cut-throat competition.

Jet Airways
Premium

Lenders are expected to participate in a rights issue to raise capital

George Skaria New Delhi
Notwithstanding the bailout package that was stitched together earlier this month, the ongoing crisis at the debt-ravaged Jet Airways is a classic case of how to have avoided some of the very troubling air pockets it went through or have softened the continued blows on the airline. The lessons from this situation – of which four are most important -- are useful reminders for the troubled yet growing civil aviation industry in India.  What are these lessons?

Maintain higher standards of corporate governance: From its very early days, the airline founded by ticketing agent-turned-entrepreneur Naresh Goyal has demonstrated a lack

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in