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

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