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JET AIRWAYS EOI
Jet Airways insolvency resolution professional seeks fresh EoI for defunct airlineThis is the fourth time that EoI has been invited for Jet Airways, which was shuttered last year.- Jet lenders to seek fresh Expression of Interest for the carrierThe decision to call for fresh bids was taken after a team from Russia's Far East Asia Development Fund along with Enso Group met the Commi...
- Release funds for interim finance, NCLT tells Jet Airways’ lendersThe National Company Law Tribunal (NCLT) also directed Indian Overseas Bank, which filed applications at the tribunal for exemption from pa...
- Jet Air jumps 5% as Hinduja brothers likely to bid for airlineHinduja is seeking a partner to bid, one of the people told Bloomberg.
- Jet Airways' creditors decide to seek fresh bidsEarlier this month, the National Company Law Tribunal (NCLT) had directed the CoC to expedite their decision on seeking fresh EoIs in view ...
- NCLT allows more time to draw bids for grounded Jet AirwaysThe direction from the Mumbai bench of the National Company Law Tribunal (NCLT) came after Jet Airways’ resolution professional informed it...
- Expedite decision on fresh EOIs: NCLT to Jet Airways lendersThe RP Ashish Chawcharia requested three weeks time to float the EoI. The RP on December 17 had told the tribunal that until now two invest...
- Jet Airways fails to attract new biddersGrounded Jet Airways failed to attract any new bidders during the extended deadline, according to a source.
- Vedanta's Anil Agarwal withdraws ‘exploratory’ expression of interest for Jet AirwaysOn further evaluation we intend to not pursue it, Agarwal said in a statement.
- Jet Airways hits lower circuit as Anil Agarwal’s family trust withdraws EOIWith Volcan pulling out, only two entities are left in the fray to buy stake in the airline.
- Etihad says not feasible to reinvest in Jet; cites unresolved issues concerning liabilitiesEtihad, the national carrier of the UAE picked up 24 per cent stake in Jet Airways in 2013.
- Anil Agarwal’s family trust shows interest in Jet AirwaysBillionaire’s family trust is one of the three entities that responded to the call for expressions of interest (EOI).
- Darwin Platform Group, SBI Caps discuss unsolicited bid for Jet AirwaysLast week, the State Bank of India-led consortium of lenders to Jet Airways said it has received bids from Etihad Airways
- Ousted by lenders, Naresh Goyal tries to re-enter Jet Airways' cockpitUntil this development, Goyal’s departure had been seen as a key element of any revival strategy.
- Ending months of uncertainty, Etihad agrees to raise Jet stakeThe development spells relief for Jet’s lenders, who have been struggling to save the sinking carrier.
- Jet Airways shares pare gains after rising 1%According to reports, five companies have expressed interest in picking up stakes in the airline.
- Deadline for Jet Airways bidders extended to April 12; binding bids by April 30Under the new norms, potential buyers must first provide solvency certificates before they submit their EoIs.
- Jet lenders send desperate feelers to buyers, eye revival plan if all failsThe SBI-led consortium of lenders has asked parties to submit EoIs between April 6 and 9.
- British Airways, Lufthansa, SIA among four foreign carriers interested in Air IndiaSources said the foreign carriers are in talks with Indian business houses to meet the criterion of “substantial ownership and control”.
- 'EoI for Air India stake sale in next couple of week'With the government moving ahead with the proposed disinvestment, he also emphasised the government would like to protect the interest of e...
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