homeaviation NewsJet Airways: Four potential investors in talks with lenders for the airline

Jet Airways: Four potential investors in talks with lenders for the airline

Jet Airways lenders met on Thursday to discuss the draft terms for the request for proposal (RFP) to invite binding bids.

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By Ritu Singh  Aug 1, 2019 9:15:13 PM IST (Published)

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Jet Airways lenders met on Thursday to discuss the draft terms for the request for proposal (RFP) to invite binding bids.

Jet Airways had set August 3 as the deadline to submit expression of interest (EoI) for the airline.
The embattled airline was admitted by the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) on June 20 after a consortium of bankers approached the tribunal to recover dues.

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