Jet Airways' creditors to meet for 9th time on Thursday; revised deadline for bids ended on 10 March
Jet Airways stopped flying in April 2019 after it ran out of cash.
Hinduja Group still interested in Jet Airways after approach by govt, banks; resolution professional invites fresh EoI for defunct airline
Earlier in June, the Hinduja Group had backed out of bidding for the Naresh Goyal-owned airline as they felt it was too risky for them to get involved due to the then ongoing government investigations and the insolvency pleas submitted by operational creditors at the NCLT,
Volcan Investment's EoI is in now way connected to Vedanta, the company said in a statement
Jet Airways extends deadline for submission of bids to 10 August; deadline extended on request of bidders
Jet Airways and its lenders have been searching for new investors since its planes were grounded and staff left unpaid
Cash-strapped Jet Airways lenders attempt to sell bankrupt carrier again; to call bids for asset sale by 20 July
Last month, JetAirways' creditors, led by State Bank of India (SBI), took the airline to the bankruptcy court after failing to agree on a revival plan
Jet Airways' top management quits: Where is cash-strapped airline headed to with all old-timers having exited?
The C-Suite might have waited on till 10 May, hoping that a new owner coming in would want to resurrect Jet Airways immediately, which would require their expertise and their long-standing knowledge of the working of the company.