With just ten days to go for final submission of bids, three of the four qualified bidders — Etihad Airways, TPG Capital and Indigo Partners — have not signed nondisclosure agreements, a must for conducting due diligence. None of the bidders, barring National Investment and Infrastructure Fund (NIIF), has been accessing the data room where potential investors are supposed to peruse Jet’s accounts and key documents as part of the due diligence.

WION Wallet: Jet crisis: Bidders show no interest, employees demand govt intervention

The grounding of Jet has come as an opportunity for the market to hire readily-available skilled workforce from the licenced categories--pilots, engineers and cabin crew and deploy them directly into specifics roles, thereby saving time and money on training them.

WION Wallet: Vistara to hire Jet's 100 pilots & 400 cabin crews as well

More people might follow suit if government doesn't intervene: NAG on Jet employee's suicide

Jet Airways Has Shut Down Its Operations After Flying For 25 Years. Here's A Look At The Jet Saga - Reasons, Job Losses, Protests & Soaring Ticket Prices

Gravitas: Jet Airways Crisis: Did Naresh Goyal 'crash' his beloved airlines?

Watch: WION Fineprint, April 17, 2019

The decision from the cash-stressed company comes shortly after banks refused to provide it with an emergency funding of Rs 400 crore.

Fineprint: After snub from banks, Jet Airways cancels all operations with immediate effect

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