By FMTeam Unfortunately, Jet Airways was shut down in 2019, but that doesn’t stop us from talking about how impressive their backstory was. So, if you always wanted to know a little better about them, then here’s your chance because we’re talking their story here, along with points like Jet Airways Net Worth, Owner, CEO, Head Office, and much more, actually.
| Company name | Jet Airways Limited (Jet Airways) |
| Establishment year | 1993 |
| Head Office | Mumbai |
| Founder | Naresh Goyal |
| CEO Name | Sanjiv Kapoor |
| Industry | Aviation / airline |
| Number of employees | 12,849 |
| Net worth (Market cap) | about ₹388 crore |
| Total revenue in 2017-18 | ₹252 billion |
Company Profile
Going a bit into the backstory here, see, Jet Airways Limited was established in April 1993 and began its operations as an air taxi service. Just like that, in 1995, the airline went ahead with full-scale commercial operations, and later, in 2004, it expanded the operations to international flights. It grew quite a lot, but then, in April 2019, it ended operations. And as for their head office, well, that was down there in Mumbai.
Jet Airways Net Worth / Market Cap
When it was last operational, Jet Airways had a total net valuation of about ₹388 crore, and that’s the last or latest financial number we have regarding this company.
Current Status And Future Outlook of Jet Airways
It is true that just after the first week of November 2024, a bench of three Supreme Court Judges had ordered Jet Airways’ winding up of the business. On its official website, the company now has a separate tab called “Liquidation Proceedings,” indicating that it is under liquidation management and not as a functioning airline anymore. And yes, one of the major names on the leadership side that was talked about in relation to the attempted restart was Sanjiv Kapoor, the CEO who was appointed during the revival phase in 2022. But that thing seems to be over now, too.