Deals8 April 2026 at 12:01 pm
Jet Airways (India) Ltd: Assets Sold for 5.68 Billion INR in E-Auction
AI Summary
Jet Airways (India) Ltd, under liquidation, has sold two Boeing 777 aircrafts based in Delhi through an e-auction. The assets were put up for sale by the Liquidator, Mr. Satish Kumar Gupta, and the sale was conducted in accordance with the IBBI (Liquidation Process) Regulations, 2016. The highest bids were received from Ace Aviation XIV Limited and Ace Aviation XV Limited, with the total highest bid amounting to 5,68,17,90,000 INR.
Key Highlights
- Jet Airways (India) Ltd sells two Boeing 777 aircrafts for 5.68 Billion INR
- The sale was conducted through an e-auction by the Liquidator, Mr. Satish Kumar Gupta
- The highest bids were received from Ace Aviation XIV Limited and Ace Aviation XV Limited
- The sale was conducted in accordance with the IBBI (Liquidation Process) Regulations, 2016
- The assets were put up for sale by Jet Airways (India) Ltd, which is under liquidation
JETAIRWAYSAirline
JET AIRWAYS (INDIA) LTD.Price Impact