Jet gets second EoI after South America-based Synergy group, stocks gain

It was earlier supposed to end on January 6, however, the lenders decided to extend the deadline if anyone wants to submit an EoI for the defunct airline

Jet Airways has received a second expression of interest (EoI) for its revival. This comes after South America-based Synergy Group submitted an EoI for Jet late last week. The Resolution Professional of Jet informed the bankruptcy tribunal — National Company Law Tribunal (NCLT) — that they have received two EoI’s so far and the second EoI they have received is from a non-aviation company, with high net worth. 

Moreover, they are expecting a few more EoIs to come in before the deadline ends. However, there is no clarity on whether the Hinduja Group will bid for Jet. There were reports that