Rival carriers eye key routes as India's Jet Airways is declared bankrupt
A Dutch court has declared Jet Airways bankrupt as rival carriers pick over the bones ...
By Alex Lennane
The Jet Airways saga rumbles on. Etihad, which already has a 24% stake, has made an offer – but it doesn’t want to be a lonely investor. It’s insisting the banks find others. So far there have been one “serious” and two unsolicited bids – State Bank of India officials will meet today to consider Etihad’s offer, and see if there is anything else on the table. CargoForwarder has covered the latest twists and turns of this sorry tale, including detail on staff emptying lockers and hoardings coming down.
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