|Goyal graduated in commerce in 1967, joined the travel business with the general sales agents for Lebanese International Airlines. In the span of 1967 to 1974, he obtained expansive training in all aspects related to the travel business, and also travelled overseas extensively during this time framework due to business obligations.
The private limited airlines; Jet Airways was founded in May 1974, with the intention of providing sales as well marketing representation to foreign airlines in India. He has served on the Board of the International Air Transport Association (IATA) in the tenure from 2004 up to 2006. He also holds the honour to selected amongst the IATA's prestigious Board of Governors, being the first Chairman of a private airline of India to make it.