Jet Airways employees display placards and join a candlelight march to make an appeal to save the cash-starved airline following the temporary shutdown of its operations, at Jantar Mantar in New Delhi, Saturday, April 27, 2019. (PTI)A group of Jet Airways employees have thrown their hat into the ring to acquire a majority control of the grounded airline. Singh — manager, human resources, Jet Airways. The letter proposed that the contribution from employees be realised from their future earnings and “increased productivity” whose value it claimed can be quantified in advance. There are four bidders that include Etihad (which holds 24 per cent in Jet Airways) who are keen to acquire the company and the bidding process will conclude on May 10.

Source: The Telegraph April 29, 2019 19:18 UTC