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The airline sold two Boeing 777-300ER aircraft through an e-auction process.
Jet Airways sold two Boeing 777-300ER aircraft via e-auction for INR 5.68 billion.
KEY POINTS
- The winning bids exceeded the combined reserve price by over INR 2.1 billion.
- Both aircraft were purchased by entities linked to Ace Aviation, named XIV and XV Limited.
- The auction was supervised by liquidator Satish Kumar Gupta and followed IBBI liquidation regulations.
- This asset sale signals a shift in Jet Airways' liquidation focus to remaining residual assets.
COMPANIES
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