Tag Archives: Airline turnaround

Why is the Jet Airways stake sale not receiving any expressions of interest?

Jet Airways Airbus A330-300 VT-JWQ. Image copyright Vedant Agarwal.

The first day of release of the Expression of Interest (EOI) document for the sale of Jet Airways (download here) failed to see any formal response. Inspite of tomorrow being the deadline for submission investor interest has been tepid at best. We feel there are some key reasons for this lack of interest. No certainty on the price and value …

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