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Hinduja Group To Bid For Jet Airways. IndiGo and Etihad Eye Air India

Professor of Financial Economics and Part-time Value Investor, Transfin.
Dec 31, 2019 10:41 AM 1 min read

Hinduja Group preparing to bid for Jet Airways. IndiGo and Etihad express interest in Air India. 



Hinduja Group is preparing a bid to buy grounded carrier Jet Airways.

Swipe Right: As per reports, UK-based Hinduja Group is preparing a make a bid for grounded carrier Jet Airways and plans to submit an expression of interest by the January 15 deadline.


Creditors are seeking fresh bids for Jet Airways after earlier getting interest from only a single company, Synergy Group Corp. 


Zooming Out: Hinduja Group had earlier this year considered bidding for Jet Airways in partnership with Etihad, however Etihad jettisoned the proposal, forcing Jet Airways into bankruptcy. Hindu BusinessLine

IndiGo and Etihad Airways express interest in Air India.

New Year Cheers?: IndiGo and Abu Dhabi-based Etihad Airways have expressed interest in bidding for national carrier Air India, as per sources. Moneycontrol


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