Jet Airways (India) Ltd is confident of the successful outcome of a share sale process initiated by its lenders that will potentially lead to new investors for the grounded airline, chief executive officer Vinay Dube said.
However, with no emergency funds in sight and the likelihood of any investment still a few weeks away, the only task before the Jet Airways management at present is to prepare the groundwork for talks with business partners including aircraft lessors to resume operations once fresh investments are made.
“We have got four weeks plus or minus (a few days) for the bid process to get completed. We remain focused on it. Nothing much is going to happen in four weeks. It is a short period of time,” Dube said in an interview.
