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Jet Airways Bid Update - TAHA Group and Imperial Capital led consortium planning for $100 million for Jet Airways Revival plan.
A Promise to take Jet Airways back to the Skies
TAHA Group joins the consortium of Imperial Capital Investments LLC, Flight Simulation Technique Centre Pvt. Ltd. and Big Charter Pvt. Ltd. and promises to take Jet Airways back to the skies and revive its position to the No. 1 private airlines in India.
With a strong global Leadership Team having aviation experience, TAHA Group adds further strength to the consortium to restart Jet Airways operations immediately with domestic flights in the best possible manner during this crisis period and we are confident that we will very soon expand our foray into overseas route.
The consortium is trying to dedicate a huge sum of immediately realizable assets into one basket and that basket of money will be utilized for payment of employee dues in addition to stock options and phased induction of employees in the revived company.
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