Jet gets three EoIs, Etihad backs out; applicants to be named on Tuesday

Three entities are learnt to have submitted expressions of interest (EoIs) for the grounded Jet Airways, which is currently in the bankruptcy court. Sources in the know said Abu Dhabi-based Etihad Airways had not put in an EoI till the 4 pm deadline on Saturday.  

Panama-based fund Avantulo Group is one of the three entities to have expressed an interest, an official said. While the identity of the other two entities could not be ascertained, they are all believed to be foreign players. 

The deadline for submitting EoIs was August 10, after an extension was granted last Saturday as potential