NEW DELHI/BENGALURU - Potential bidders for Jet Airways Ltd have so far failed to show any firm interest in bailing out the struggling airline, a source involved in the matter said, increasing the likelihood that the company will face bankruptcy proceedings.
“Companies that had submitted initial expressions of interest are not following up with binding bids,” said the source. The Indian civil aviation regulator has said that lessors have already requested the return of more than half of Jet’s fleet of about 115 aircraft, with the carrier voluntarily returning some of those.
Patel said Jet had failed to respond to its calls and emails and as a result the FX company had reclaimed money from some forex cards issued to pilots and cabin crew for international trips.
DjsAviation I’ll buy it for 10$
Sad , very sad. Government didn’t do anything to save this airline and stand by the 20000+ employees. Instead,deliberately sabotaged this airline to help another airline owner who helped BJP during elections since the time of Mr Mahajan. sureshpprabhu DGCA MoCA_GoI
I wonder if the Gupta's will bail them out?
DjsAviation Feels bad for Niner Whisky. Such a big airline went bankrupt
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