Jet Airways’ CoC approves request for resolution plan, evaluation matrix Moneycontrol on August 2 had reported that Etihad Airways and the Hinduja Group are unlikely to submit an expression of interest (EoI) for Jet Airways within the August 3 deadline and may prefer to wait a bit longer before making their interest official.
Jet Airways receives fresh EoIs ahead of the deadline This is the fourth attempt by the airline’s resolution professional to find a suitor for reviving the ailing company.The employees consortium and the South American based Synergy Group have also submitted their interest in the company
Jet Airways: Insolvency resolution process deadline extended till August 21 According to a regulatory filing, 69 days of lockdown period from March 24 to May 31 would be excluded for computing the CIRP deadline.
Airline stocks gain further as flights set to resume, govt caps prices Civil Aviation Ministry has capped the airfares on major routes with an intention to allow air services to resume without any massive drop or rise in prices.
Jet Airways lenders likely to invite fresh bids, say sources "The committee of creditors has given its approval to the resolution professional (RP) to float a fresh EoI for stake sale in the grounded Jet Airways. The RP is likely to issue the bid document on Wednesday," a source privy to information told PTI.