Accordingly while a clutch of investors and lesser known entrepreneurs on Wednesday claimed to have sent their bids for the grounded Jet Airways, industry insiders say they could be either non-serious players or acting as front for others. An airline executive closely monitoring the bidding process said "Either they have bid for the sake of bidding or could be front for somebody else. Some may later on declare that so and so firm or person is their partner”.
Furthermore, when commenting on the development, Club One Air Chief Executive and former india head of qatar Airways Rajan Mehra said he cannot reject the bids as non-serious. British entrepreneur Jason Unsworth, who had earlier evinced interest in buying a stake in Jet Airways, is learnt to have sent his bid and unworthy is chief of start-up Atmosphere Airlines which is yet to start operations.
Moreover investment firms Future Trend Capital Investments, Redcliffe Capital and Adi Partners besides an nri are also learnt to have placed their bids. Apparently future Trend and Adi Partners had earlier teamed up with Jet Airways founder Naresh Goyal to submit EoI for the carrier.
