NEW DELHI: With conventional solutions remaining elusive for the grounded Jet AirwaysNSE 0.35 %, industry experts see a joint bid for the airline by strategic and financial investors as a viable option wherein risks can also be hedged.
“There are cases where management buy-outs are happening. The employees are coming together to bid for the revival of the company. There is no harm in being innovative. Like-minded people can come together and bid,” said a Mumbai-based investment banker.
