PPRuNe Forums - View Single Post - Atmosphere Intercontinental Airlines Uk - What?!
Old 13th Mar 2020, 13:11
  #923 (permalink)  
hitansh
 
Join Date: Jul 2017
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Jet Airways

He never bid for the airline, he sent an expression of interest in the 1st round which was not accepted at all. As his credentials could not be verified. Since then his mails have been ignored and for him Jet airways is merely a publicity stunt.
As far as Jet is concerned 3 notable buisinesses naming Hinduja Group, Synergy(Avianca) & Aeroflot expressed interest but failed to submit any bid. Liquidation is the only viable option.
Lenders have asked for an extension of 90 days from Insolvency court for unknown reasons(Maybe due to less value of assets currently due to Coronavirus) and refused to consider any other entity except the 3 mentioned before , in case they change their minds.
So better to not waste your time on something which is only on paper.
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