Jet Airways’ RP hints at giving more time to Synergy to submit bid
The resolution professional Jet Airways on Wednesday said South American company the sole interested party in the grounded airline, is likely to get an extension to submit the bid.
Synergy Aerospace is still doing due diligence of Jet Airways, which was admitted for the insolvency on June 20, the airlines resolution professional Ashish Chhauchharia told the NCLT.
The South American company may get time beyond October 14, the final date for submitting the bids, Chhauchharia said. Meanwhile, the RP also submitted the sixth progress report on the insolvency process of the airline that stopped flying from April 17.
