Hinduja, Synergy, Dubai fund may bid for Jet Airways

Mumbai/New Delhi: London-based Hinduja Group, South America’s Synergy Group and a Dubai-based fund are the three potential bidders for bankrupt Jet Airways (India) Ltd, two people with direct knowledge of the matter said.

Lenders to Jet Airways, who have repeatedly extended the deadline to submit expressions of interest (EoI), are unwilling to give any more time and have set a final deadline of 15 January, the people cited above said on condition of anonymity.

None of the three entities have submitted EoIs, they said, adding that if the bids are not received by the deadline, proceedings for liquidation will begin.

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