Aviation Mogul Quits Jet Air

The transcript discusses the financial challenges faced by Jet Airways, including the pressure on Naresh Goyal to step down to attract new investors. Banks have proposed a bailout plan involving acquiring a majority stake in the company and providing a loan to keep operations running. The legacy of Naresh Goyal, a pioneer in Indian aviation, is also highlighted, marking the end of an era for Jet Airways.

Which groups were interested in investing in Jet Airways?

• Apple and Samsung

• Google and Microsoft

• Amazon and Facebook

• Abu Dhabi City Hot and India's Tata group

What percentage of Jet Airways' shares are banks acquiring as part of the bailout plan?

• 100%

• 75.3%

• 50.1%

• 25.5%

By when do banks hope to receive bids from potential investors?

• March 15th

• April 30th

• June 1st

• May 15th

How much loan are banks providing to Jet Airways to help it resume operations?

• ₹20 billion

• ₹15 billion

• ₹10 billion

• ₹5 billion

What was Mr. Goel's significant contribution to Indian aviation?

• He introduced the first supersonic flights in India.

• He was the first to start an airline after India's economy opened up in 1991.

• He founded the first low-cost airline in India.

• He established the largest airport in India.