Jet Airways' RP hints at giving more time to Safrican bidder Synergy Synergy Aerospace is still doing due diligence of Jet Airways, which was admitted for the insolvency on June 20, the airlines resolution professional Ashish Chhauchharia told the NCLT.
NCLT directs Jet Airways' creditors to release interim funds within 15 days: Report The news follows after Jet Airways’ lone bidder, Synergy Group, met with government officials on September 18 to discuss revival of the sunken airline and recovery of its flying slots.
Thomas Cook collapse brings down the curtains on its airline Thomas Cook Airlines used to be the preferred carrier for Britishers thronging the sunny beaches of Goa looking to avoid the harsh winters there
Sensex down 4000 points since June, nearly 300 BSE500 stocks take 10-70% hit The index is just 25 points away from turning negative for the year 2019, and has fallen 4,219 points or little over 10 percent from its record high of 40,312 registered in June 2019.
Jet Airways revival | Synergy Group, Centre discuss flying slots; govt wants it to comply with FDI rules Synergy Group will also send a team to evaluate Jet Airways’ assets, the report said. It has met the beleaguered airlines' lenders and presented a potential business plans, which entails downscaling its operations