Suitors for Jet Airways narrow down to four from 12, final list on June 10

RP is set to present resolution plan, if any, to adjudicating authority on July 23

Four of the 12 expressions of interest (EoIs) submitted for the beleaguered Jet Airways in the fourth round have made the cut, based on the bid criteria set by lenders and the resolution professional’s team.
 
According to people in the know, UK-based Kalrock Capital, Canadian entrepreneur Sivakumar Rasiah, Abu Dhabi-based Imperial Capital Investments, and Alpha Aviation have been shortlisted.
 
This is a provisional list, with the final one set to be issued on June 10. Shortlisted entities will then be asked to come up with a resolution plan by July 10. The RP will present the resolution plan,