Debt-laden Jet Airways offers up to 75% stake to new investors

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By Alex Lennane

08/04/2019

Struggling Jet Airways has invited potential investors to take on as much as 75% of the business. Bids must be received by April 10 and bidders must have had net worth of at least $144m in the previous financial year, or three years’ experience in the airline business. Consortia must have no more than three members, taking a share of at least 15% each. Bloomberg reports.

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