Jet Airways lenders have extended for the third time the deadline for the submission of expressions of interest for a stake sale in the airline to August 31 after a new bidder showed interest after the August 10 deadline.
After the second deadline on August 10, there were three bids, but one opted out while another did not qualify, leaving just one in the race.
The decision to extend the deadline for EoIs was taken by the lenders at a meeting of committee of creditors held in the financial capital on Monday.
“The lenders have decided to extend the deadline till August 31,” a banker said.
