Mumbai: India’s quasi-sovereign wealth fund, Etihad Airways PJSC and two financial investors have shown interest the Jet Airways stake sale, even as lenders to the ailing airline extended the bidding deadline by two days to Friday.
Private equity firms TPG Capital and Indigo Partners, National Investment and Infrastructure Fund Ltd (NIIF) and current Jet Airways shareholder Abu Dhabi-based Etihad Airways PJSC have submitted their expressions of interest (EoIs), a person with direct knowledge of the matter said.
“The lenders are currently waiting for EoIs from Air Canada and Delta Airlines,” the person said, requesting anonymity, adding the two carriers are likely to submit their initial bids in the next two days, meeting the new deadline set by the lenders.
