Jet Lenders "Reasonably Hopeful" Of Successful Bids For Grounded Airline

In its statement on Thursday morning, the consortium of lenders said they are hopeful that the bidding process will lead to determining “fair value of the enterprise in a transparent manner”. “The lenders after due deliberations decided that the best way forward for the survival of Jet Airways is to get the binding bids from potential investors who have expressed EoI (expression of interest) and have been issued bid documents on 1...