The resolution professional (RP) of the grounded Jet Airways on Thursday invited expressions of interest (EoIs) for the third time since the airline went into insolvency in June 2019. The fresh round of EoIs comes after a Russian state-owned fund showed interest in the debt-laden airline.
The deadline for submission of EoIs is Sunday, subject to approval from Jet’s committee of creditors (CoC) and the adjudicating authority. A resolution plan has to be submitted by March 9, a company notification said. The RP expects to now submit a final resolution plan, if any, before the National Company Law Tribunal on March 15.