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Resolution applicants to come up with final offer for Jet early next week

Sources say bidders are seeking clarity from govt on the carrier's airport slots and traffic rights, which have been given to other carriers temporarily

Jet Airways
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FILE PHOTO: A Jet Airways aircraft waiting at an airport

Aneesh PhadnisSubrata Panda Mumbai
The resolution process of the grounded Jet Airways has reached the final stages as the two shortlisted entities are expected to come up with their final offers by early next week.

The final plan from the two entities will be put to vote by the end of this month or early October, sources aware of the development said.

In the committee of creditors meet, held earlier this week, lenders emphasised on getting better commercial terms and plans, which should be in compliance with insolvency and bankruptcy provisions.

“The plans are being reviewed. If we are able to put the plans to vote by

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First Published: Sep 18 2020 | 7:08 PM IST

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