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The Fourth Round Of Bidding Will Be Jet Airways’ Final Call
Lenders are resigned to the fact that Jet’s likely to end up in liquidation. Even so, they will try to sell it one more time.
18 May 2020, 07:31 AM IST
Lenders to Jet Airways Ltd, grounded more than a year ago, are resigned to the fact that the airline is likely to end up in liquidation. Even so, they will try to sell it one more time.The insolvency proceedings have not gone according to plan so far but the lenders have decided to open one last round of bidding before recommending liquidation, three people directly involved with the process told BloombergQuint.While hope of securing...
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