HomeNewsBusinessFrom a professor to an aviation startup: Meet Jet Airways' newest bidders
Trending Topics

From a professor to an aviation startup: Meet Jet Airways' newest bidders

These bidders submitted their offers for Jet Airways and the same will now be assessed by the lenders for viability and seriousness to revive the airline, which ended its operations on April 17

May 16, 2019 / 17:51 IST
Story continues below Advertisement

After Etihad Airways decided they want to be a minority shareholder in the beleaguered Jet Airways and promised to invest only Rs 1,700 crore, banks are forced to look at other suitors to save the airline. They have started approaching unsolicited bidders that include a former air passenger service agent, a US-based professor, former head of a Bengaluru software company and member of an influential Indian political family.

These bidders, who submitted their offers after the deadline of May 10, will be assessed by the lenders for viability and seriousness to revive the airline, which shut its operations on April 17, Mint reported.

Story continues below Advertisement

Jason Unsworth, a former British airline check-in and self-service kiosk agent, is one of the bidders. He later took the entrepreneurial lane and founded Atmosphere Intercontinental, a premium airline that is yet to start operations and which will connect parts of Asia.

Unsworth has faith that he can infuse life into Jet Airways. "I have a network of the best and most experienced aviation consultants in the industry, as well as over 10 years experience working for numerous airlines. (During) the last four years, I have been leading a startup team of airline professionals, (and) our airline is expected to launch later this winter," the article quoted him as saying.