NEW DELHI: In a shock transfer, SpiceJet and two foreign entities – Sharjah-based aviation firm Sky One and Africa-focussed Safrik Investments – have proven interest in grounded GoAir. The troubled airline had not acquired a monetary bid from Jindal Power, whose was the only real eligible EoI (expression of interest), on the final date to take action (November 22).
Subsequently, banks had begun considering liquidating the low value service’s belongings. But with three entities now requesting to conduct due diligence, the lenders will this week determine on the identical because the 270-day prescribed interval for finishing insolvency circumstances for GoAir ends solely in mid-February.
SpiceJet, which has lately tied as much as get Rs 2,250-crore fund infusion, is being seen as a reputation that will get lenders to accede to the request, say sources. SpiceJet and Go’s EY-backed decision skilled Shailendra Ajmera couldn’t be reached for feedback.
Subsequently, banks had begun considering liquidating the low value service’s belongings. But with three entities now requesting to conduct due diligence, the lenders will this week determine on the identical because the 270-day prescribed interval for finishing insolvency circumstances for GoAir ends solely in mid-February.
SpiceJet, which has lately tied as much as get Rs 2,250-crore fund infusion, is being seen as a reputation that will get lenders to accede to the request, say sources. SpiceJet and Go’s EY-backed decision skilled Shailendra Ajmera couldn’t be reached for feedback.
