Jet Airways Lenders not looking to invite new bids yet, to take call on May 8
  • WebDesk BTVI
  • May 02 2019

Sources said that Jet Airways lenders are not deliberating the option to invite new bids, as re-bid option will only be viable if lenders are sure of the outcome. While technical due diligence has been done, legal and financial due diligence in underway now. Lenders have to wait till May 8 before inviting new bids, but the deadline for submitting bids end on May 10.