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The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways: Consortium bidders to submit individual solvency...

SBI-led consortium of domestic lenders are implementing a debt resolution plan for Jet Airways.

10 April 2019 7:42 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

No bidder for Air India a day before deadline

Private firm Ernst and Young has been appointed the Transaction Adviser (TA) for the process.

31 May 2018 5:50 AM IST

Any bidder who wants to submit the EoI and wants to participate in the second stage of RFP will need to have a minimum net worth of 5,000 crore and show profitability of the bidding firm (positive profit after tax) in at least three of the immediately preceding five financial years from the EoI deadline.

Centre to sell 76 per cent stake in Air India

In the second stage, the highest bidder would be declared as the buyer after requisite security clearances.

29 March 2018 1:48 AM IST