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Jet Airways liquidation: Two Boeing 777s sold for ₹568 crore in e-auction; bids top reserve prices.
Jet Airways sold two Boeing 777-300ER jets for ₹568.18 crore via e-auction.
KEY POINTS
- Both aircraft sold for significantly more than their combined reserve price of ₹356.75 crore.
- Ace Aviation XIV and XV acquired the jets, bidding well above the reserve prices for each.
- The Supreme Court ordered Jet Airways' liquidation in November 2024 after failed revival efforts.
COMPANIES
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