Grounded Jet Airways’ Committee of Creditors (CoC) on Tuesday decided to extend the deadline for submission of bids to March 10 as a new entity has evinced interest in the airline, according to a source. The deadline for submitting the bids for Jet Airways, which is undergoing the insolvency process, ended on Monday.
“A team from Far East Asia Development Fund of Russia along with Enso group met the CoC on Monday and has expressed interest in Jet Airways,” the source said. Against this backdrop, the CoC extended the deadline for submission of bids to March 10. Ashish Chhawchharia, the resolution professional for Jet Airways, was not available for comments.
