government led by P. V. Narasimha Rao, the then Prime Minister of India and the enunciation of the Open Skies Policy by the Government of India to set up Jet Airways for the operation of scheduled air services on domestic sectors in India. Jet Airways commenced commercial operations on 5 May 1993. Goyal founded Jet Airways (Private) Limited with the objective of providing sales and marketing representation to foreign airlines in India. Goyal served on the board of the International Air Transport Association (IATA) from 2004–2006. He was re-elected in 2008 with his tenure extending until June 2016. Naresh Goyal stepped down from the Board of Jet Airways on 25 March 2019 along with his wife. Personal life Goyal met his wife, Anita, after she joined the company in 1979 as a marketing analyst and rose to become the head of marketing and sales. They married nine years later. The couple together have a daughter and a son. Awards References External links Naresh Goyal image Jet Airways site Chairman's profile Airline Business magazine profile Forbes – India's 40 richest Takeover link Jet files a suit of 500 Cr – Agarwal Today Report Indian company founders Indian billionaires 1949 births Living people Businesspeople in aviation Jet Airways people Businesspeople from Mumbai Indian aviation businesspeople 20th-century Indian businesspeople Businesspeople from Punjab, India People from Sangrur