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Used to competing with only Sahara (never a worthy opponent anyway), Jet enjoyed several years of unfettered success after it had trounced Indian Airlines's monopoly and market, becoming India's premier airline since 1993.
This supremacy has now been challenged by a nimble and aggressive Kingfisher which, in just two years and following Mallya's buyout of Air Deccan, is commanding the same market share as Jet Airways and Jetlite.
He may not publicly admit it but Goyal's troubles began soon after Kingfisher took to the skies. "If Naresh Goyal had a magic wand, he'd probably wish away the last two years...
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