UK firm offers bid for grounded Jet Airways, keen to partner Etihad

Sources involved in the bidding process confirmed that the entity had submitted a bid but expressed doubt over its acceptance

London-based investment firm Adi Partners on Wednesday formally placed its bid for the cash-starved Jet Airways, a day before the bid deadline ends.

The company, which is led by Sanjay Viswanathan, former chief executive officer of Bangalore-based mid-cap information technology (IT) firm Sonata Software, said it was willing to tie up with Abu-Dhabi-based Etihad Airways for the bid. “Etihad makes a great partner because we need a strong airline to turn around Jet. I think Etihad will also be interested because they also need a growing market like India,” Viswanathan said over telephone.

According to Viswanathan, the firm has bid