Jet Airways receives two bids
Grounded Indian carrier Jet Airways has received two bids as part of its sale process, according to a Thursday filing to the BSE. The airline’s resolution professional has received resolution plans from two prospective applicants, and these will be placed before the airline’s committee of creditors for its consideration, the filing adds. Indian business and financial news service BloombergQuint reported on 22 July that one of the bidders is a consortium led by Imperial Capital and includes Flight Simulation Technique Centre and Big Charter. The other is a consortium of UK-based Kalrock Capital and UAE businessman Murari Lal Jalan. Jet Airways is now in its fourth round of seeking expressions of interest. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-07-27/unaligned/jet-airways-receives-two-bids
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Jet Airways receives two bids
Grounded Indian carrier Jet Airways has received two bids as part of its sale process, according to a Thursday filing to the BSE. The airline’s resolution professional has received resolution plans from two prospective applicants, and these will be placed before the airline’s committee of creditors for its consideration, the filing adds. Indian business and financial news service BloombergQuint reported on 22 July that one of the bidders is a consortium led by Imperial Capital and includes Flight Simulation Technique Centre and Big Charter. The other is a consortium of UK-based Kalrock Capital and UAE businessman Murari Lal Jalan. Jet Airways is now in its fourth round of seeking expressions of interest. <br/>
