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Jet Airways extends deadline for submitting initial bids to Aug 10

The last date has been extended as potential bidders sought additional time, resolution professional Ashish Chhawchharia said

Jet Airways
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Aneesh Phadnis Mumbai
The deadline for submission of expression of interest (EoI) for the revival of Jet Airways has been extended by a week to August 10. 

The last date has been extended as potential bidders sought additional time, resolution professional Ashish Chhawchharia said in an announcement on Saturday. As part of the ongoing resolution process of Jet in the National Company Law Tribunal (NCLT), August 3 was earlier set as the deadline for submission of EoIs from potential bidders.   

Jet Airways shut operations on April 17 and was referred to the insolvency court in June as lenders were unable to secure viable investment