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Jet Airways Fails To Attract Any Bids
Jet Airways Ltd. has failed to find any takers after three rounds of bidding conducted by SBI-led committee of creditors.
11 Mar 2020, 02:58 PM IST
Jet Airways Ltd. has failed to find any takers after three rounds of bidding conducted by State Bank of India-led committee of creditors.Two investors who had shown an early interest in the airline have withdrawn from the process, while one has been seeking preferred treatment from the creditors, which they cannot provide, two people with direct knowledge of the developments told BloombergQuint on the condition of anonymity.Prudent A...
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