AdiGroup still interested in Jet Airways, but will wait only 48 hours: Report


In a final push to revive the now grounded Jet Airways, London-based AdiGroup has again evinced interest in Jet Airways.

“Another 48hrs is all we have… and then we walk away!! Have been patient enough @PMOIndia @MoCA_GoI @TheOfficialSBI @EtihadAirways !!!,” AdiGroup’s Chairman and Managing Partner Sanjay Viswanathan tweeted. The account, however, has not been verified by Twitter.

According to industry insiders, the AdiGroup which was one of the unsolicited bidder for Jet is still interested to form a partnership with Etihad to operate the now grounded airline.

The development comes after Jet’s scrip continued to slip following reports of a breakdown in talks between the Hinduja Group and Etihad for a stake sale of the now grounded airline. Read More

You may also read!

Pakistan reviving days of Kashmir militancy by pushing Afghan terrorists into India: Intel

A chapter from Kashmir’s bloody militancy days is likely to make a comeback, with intelligence reports suggesting that Pakistan

Read More...

How Beijing is thinking about regional and global security

Last month, China came out with its tenth white paper on defence, China’s National Defense in the New Era, laying

Read More...

Red Horns Division of Army organizes NoKs and Veterans’ Conclave in Kokrajhar

A NoKs and Veterans’ Conclave was conducted by the unit of the Red Horns Division of the army at

Read More...

Mobile Sliding Menu