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Thursday 25 July 2013

Jet-Etihad deal; why Naresh Goyal and Rahul Bhatia must work together

Indian aviation’s biggest rivalry, in many ways, is between Jet Airways’ Naresh Goyal and IndiGo’s Rahul Bhatia. But they shouldn’t just compete. They should cooperate — when they talk to the government.Indian aviation’s biggest rivalry, in many ways, is between Jet Airways’ Naresh Goyal and IndiGo’s Rahul Bhatia. But they shouldn’t just compete. They should cooperate — when they talk to the government.


Indian aviation's biggest rivalry, in many ways, is between Jet Airways' Naresh Goyal and IndiGo's Rahul Bhatia. But they shouldn't just compete. They should cooperate — when they talk to the government.

Goyal, effusive and earthy, and Bhatia, reticent but suave and articulate, are different kind of men who had similar beginnings. Goyal began his career in aviation as a humble cashier in his maternal uncle Seth Charan Das Ram Lal's travel agency, East West Agencies, in 1967. Bhatia started in 1989 by joining his father Kapil Bhatia to manage his travel services firm, InterGlobe and Swan Travels.

Both started making it big in aviation by servicing the sales needs of foreign airlines. So, Goyal and Bhatia started their airlines with a crucial advantage others lacked: a well-knit distribution network. They have an understanding of this business and how it operates in India that's deeper than most other players'. Now, the two men between them serve more than half the domestic aviation market. Naturally, they also enjoy immense clout in the corridors of power. Which is why if Goyal and Bhatia play it right and smart, they can save Indian aviation.

Read news in full/25 Jul, 2013/Satish John/Economic Times

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