Cash-strapped Jet Airways gets seven new EoIs in fresh bidding round

Jet Airways in its fourth attempt to find a suitor for its revival has received seven expressions of interest (EoIs) from several entities, along with Synergy Group’s letter of continuity, according to people in the know. The deadline to submit EoIs for the beleaguered company ends on Thursday. 

The UK-based Kalrock Capital, Hyderabad-based Turbo Aviation, Alpha Airways and Canadian citizen Siva Rasiah have expressed interest in Jet and submitted EoIs. Names of other entities could not be confirmed. This might be the last attempt made by the resolution professional to find a suitor to revive the airline. Jet shuts operations in