Jet Airways IRP selects two bidders to proceed to second round for purchase of assets

    Jet Airways interim resolution professional (IRP) reportedly selected Avianca parent Synergy Group and Treasury RA Creator to proceed to the second round on its EoI for the purchase of the airline’s assets (Financial Express/Bloomberg Quint/Business Standard/Telegraph India, 04/05-Sep-2019). The two bidders will be required to submit resolution plans for Jet Airways by 14-Oct-2019.