NIFTY 50

Jet Airways lenders extend deadline for EoI to August 31

Updated : August 27, 2019 08:31 AM IST

After the second deadline on August 10, there were three bids, but one opted out while another one did not qualify, leaving just one in the race.
The decision to extend the deadline for EoIs was taken by the lenders at a meeting of the committee of creditors held in the financial capital.
After the deadline, the South American conglomerate Synergy Group Corp reportedly evinced interest in the airline, forcing the RP to seek the lenders’ nod to extend the deadline to August 31.
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