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The long list of #JetAirways' suitors are all dogged by the same question in this 4th attempt to revive the airline - will anyone reach the finishing line? ✈️ @PRINCE0879 and @Dinesh_Unni decode #Aviation @JetAirways
Business Standard Ø Patanjali's Rs 250 Crore NCD subscribed within three minutes of opening✅ Ø Cash-strapped Jet Airways gets four new EoIs in fresh bidding round✅ Ø Cairn initiates arbitration against $520 mn Govt demand over discrepancies
Do note, this is the 4th round of bids for Jet Airways after no concrete bids were received so far. The revised timeline for completion of corporate insolvency resolution process (CIRP) for Jet extended up to August 21, 2020. Jet is facing claims of over Rs 14,600 cr under IBC
Deadline to submit new EOIs for Jet Airways ends at midnight tonight (May 28) Sources say Jet Airways is likely to have received at least 4 Expressions of Interest (EoIs) so far, more likely. Synergy Group to have continued its EoI for Jet Airways, remains interested.
At least five investors submit expression of interest for Jet Airways.
#JetAirways, which suspended services more than a year ago due to cash crunch, writes to Centre offering two of its Boeing planes for operations under the Vande Bharat mission to evacuate Indians stranded in foreign countries.
And people who have trolled me on BajajFinance. Bhaiya, mera track record dekh lo. Jiska pichhe para hai, like PC Jewellers, DHFL, YesBAnk, RelianceCapital, RNRL, JetAirways... futures se delist karke chhore hain 🤣 ( go thru my past tweets. )
"The revised timeline for completion of the CIRP of Jet is now August 21, 2020, subject to any further extension of the lockdown by the state government of Maharashtra or the Central Government, as the case may be," Jet Airways said in an exchange filing.
JETAIRWAYS - Update In Relation To The Corporate Insolvency Resolution Process ('CIRP') Of Jet Airways (India) Limited