Thursday, December 18, 2025 | 10:11 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Letter to BS: Serious doubts on Jet's valuation with huge amount of debts

The law here is acting differently with promoters of Kingfisher and Jet

Jet Airways
premium

Jet Airways

Business Standard
Apropos to the various reports in Business Standard about many bidders who might show interest in the sinking airline Jet Airways, I have serious doubts on the valuation that's going to be fixed for a stake sale especially with the huge amount of debts payable by the airline to lessers, vendors, employees, oil companies and so on. I wonder what's stopping the law from taking action against the original promoter of Jet who has mismanaged the accounts. The law here is acting differently with promoters of Kingfisher and Jet. 

While the government is doing everything to extradite the Kingfisher promoter who