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UAE: Imperial Capital Submits Bid for Troubled India's Jet Airways
July 23rd, 2020 - 07:00 GMT

UAE: Imperial Capital Submits Bid for Troubled India's Jet Airways

The UAE-based Imperial Capital Investments LLC on Tuesday submitted its bid for India's once premium carrier Jet Airways, which gone into trouble since mid 2019. "We have presented the resolution plan to the authorities. We have given them options for revival of the airline within a short period, including for the employees. They have a priority claim on overall realisation of the assets and of course our investments. We are ...
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