Jet Airways’ lenders may extend deadline for EoI until Jan 15; Hindujas want relook
The deadline for submitting expression-of-interest for Jet Airways may be extended until Jan 15 to give some more time to potential bidders. The Hinduja Group, which was earlier understood to be interested in investing in the beleaguered airline, has mailed the resolution professional expressing their intention to re-look at Jet Airways, banking sources said. The committee of creditors for Jet Airways Thursday also discussed a settlement deal with Dutch authorities for Jet’s assets stuck in Amsterdam. Dutch authorities had last year declared the grounded airline bankrupt following the seizure of Jet’s aircraft and a complaint was filed by 2 foreign operational creditors. The Dutch authorities have since been made a part of the Indian insolvency process. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-01-03/eap/jet-airways2019-lenders-may-extend-deadline-for-eoi-until-jan-15-hindujas-want-relook
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Jet Airways’ lenders may extend deadline for EoI until Jan 15; Hindujas want relook
The deadline for submitting expression-of-interest for Jet Airways may be extended until Jan 15 to give some more time to potential bidders. The Hinduja Group, which was earlier understood to be interested in investing in the beleaguered airline, has mailed the resolution professional expressing their intention to re-look at Jet Airways, banking sources said. The committee of creditors for Jet Airways Thursday also discussed a settlement deal with Dutch authorities for Jet’s assets stuck in Amsterdam. Dutch authorities had last year declared the grounded airline bankrupt following the seizure of Jet’s aircraft and a complaint was filed by 2 foreign operational creditors. The Dutch authorities have since been made a part of the Indian insolvency process. <br/>
