Jet lenders extend deadline for expressions of interest, again
MUMBAI: The resolution professional (RP) and the committee of creditors appointed for Jet AirwaysNSE 4.97 % has for the second time decided to extend the deadline for expressions of interest to August 31, said two people close to the development.
Also, lenders to Jet will put to a vote, a proposal to lend the bankrupt airline more money so that employee salary arrears can be cleared, the people added on condition of anonymity. The resolution professional for Jet, appointed by India’s bankruptcy court, had on August 3, extended the deadline for the first time to August 10.
