Jet Airways’ bidders told to submit revised offers
NEW DELHI: The Committee of Creditors (CoC) of Jet Airways (India) Limited has given the airline’s bidders to come up with a revised offer in the next couple of days, said a person aware with the development. The State Bank of India-led CoC had held a meeting Monday to decide on the bids for the airline. The grounded and insolvent airline has received bids from two consortiums— UK-based Kalrock Capital and UAE-based entrepreneur Murari Lal Jalan, and a consortium of Haryana-based Flight Simulation Technique Centre, Mumbai-based Big Charter and Abu Dhabi’s Imperial Capital Investments LLC.
