Business Standard

Thursday, December 26, 2024 | 07:09 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Synergy Group gives new expression of interest for beleaguered Jet Airways

In the first round of bidding, Synergy had questions for the civil avaition ministry on availability of slots in the domestic and international routes

Jet Airways
Premium

The deadline to submit an EoI for Jet Airways will end on January 15.

Subrata Panda Mumbai
A Dubai-based fund has submitted an expression of interest (EoI) for the grounded Jet Airways, sources close to the development said. This comes after South America-based Synergy Group submitted a fresh EoI for Jet before the January 15 deadline.

The Resolution Professional’s counsel on Wednesday informed the National Company Law Tribunal (NCLT) that so far they had received two fresh EoIs for Jet. Moreover, they are expecting a few more EoIs to come in before the deadline ends.

However, there is no clarity on whether the Hinduja Group will bid for Jet. There were reports that the Hinduja Group would also apply

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in