21, Jul, 2019
Jet Airways bidding process: Etihad shows interest in stake sale, SBI gets two more unsolicited bids

Airways

Etihad Airways expressed its interest to buy stake in Jet Airways under the bidding process run by the airline’s lenders on Friday. The State Bank of India-led consortium of 26 lenders also received two non-binding bids for purchasing stake in the embattled airline. “Etihad Airways today confirmed its interest to […]

Even as Jet Airway`s lenders are confident of selling their stake in the temporarily grounded airline, they have prepared a contingency plan which includes taking the company to Debt Recovery Tribunal (DRT), sources said. Industry insiders told IANS in Mumbai that all efforts are on to see that the stake […]