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The constant churn at the top was the first signal. Also, since the airline was being run with very few people manning various sections, when almost half the top team left, it hurt GoFirst heavily. Finally, like any business house, the Wadias will also be interested only in profitable ventures. GoFirst was never one.
When the consortium of Dubai-based businessman Murari Lal Jalan and UK's Kalrock Capital won the bid in June 2021 to acquire the bankrupt Jet Airways, the hope was that the once storied airline would take off once again soon.
The postponement is due to the arrival of the carrier’s first Boeing 737 aircraft getting delayed by a few weeks to June.
Jet Airways plots a return to the skies next quarter as a full-service carrier