A former air passenger service agent, a professor, a former boss of a software company and a member of a supposedly influential political family have emerged as an unlikely set of suitors for Jet Airways (India) Ltd.
This comes after lenders to the cash-strapped carrier announced that they would soon engage with Jet’s unsolicited bidders to ascertain their seriousness and the viability of a rescue act for the carrier which has been grounded for almost a month.
Lenders to Jet Airways plan to reach out to unsolicited bidders after current shareholder Etihad Airways PJSC of Abu Dhabi declined to raise its stake beyond the current 24% and offered to infuse an additional ₹1,400 crore, which is much lower than the liabilities of the Mumbai-based carrier.
First in the line is Jason Unsworth, a former British airline service agent who assisted passengers at check-in desks, drop desks, and self-service kiosks. Read More