Jet Airways has received interest from seven entities as the deadline to submit an expression of interest (EoI) expired on Thursday. While four have submitted a formal EoI, others have sent e-mails expressing interest but seeking more time.
South America’s Synergy Group, which had submitted an EoI earlier, has once again shown interest, according to two sources. “There are three other potential bidders, besides Synergy,” said a source without giving the names.
This will be the fourth attempt by Jet’s lenders to resurrect the airline. In the previous rounds, Prudent ARC, a consortium of Enso Group and Russia-based Far East Development Fund, and South American Conglomerate, Synergy group, were in the race to bid for the debt-strapped airline but they failed to submit a plan.
