Game of ThronElections - Jet Airways Fate still undecided

While we saw 4 solicited bidders emerge for Jet Airways revival, only one held the game.
Etihad Airways with no bids only wish to raise 1700 crores.

Over to AdiGro!

AdiGro is the only hope if they partner with Etihad Airways.
As per Sanjay Viswanathan, Chairman, ADIGroup, the group is willing to bring in 2400 crores.

With the discussion of Sanjay Viswanathan & Priyanka Iyer, BTVI Live journalist we may extract some important points:

1. 40 - 60 days for revival the revival process & restart of operations
2. Adigro + Etihad (49% both inclusive) need an indian partner (to bring in 51% stakes)
3. A small amount of money to be infused by May end (which may or may not include salaries of employees)
4. Small airline with around 70 fleet & limited slots means limited employees (major lay off expected)

Other Updates:

• Jet Airways employees unable to withdraw their savings from Jet Airways Employees Co-operative Credit Society.
• Darwin Group bid can't be considered since their net worth is Rs. 6 crores.
• Talks with Hindujas to buy a stake in the airline are at an exploratory stage. Seems unlikely.

Do you think the delay is due to Elections?

Do you think Jet Airways fate will be decided after the Election results on May 23?