State Bank of India has extended the deadline for Expressions of Interest (EoI) for a stake in Jet Airways (9W, Mumbai Int'l) by two days to April 12, the TNN newswire has reported.

ET Now has reported that Naresh Goyal, the founder and ex-Chairman of the airline, is likely to submit an EoI. Business Standard has reported that Etihad Airways, government-backed National Investment and Infrastructure Fund (NIIF), TPG Capital, and Indigo Partners have also expressed interest. The Economic Times has written that Tata Group was not interested in bidding, contrary to earlier reports, as it chose to focus on growing Vistara and AirAsia India.

Separately from its potential EoI, Goyal pledged additional shares in the airline to the banks as collateral for immediate rescue aid. In total, he has so far pledged a 41.1% stake out of his entire shareholding of 50.1%. The creditors have confirmed that Goyal's remaining stake of 9.9% will remain owned by him after the restructuring.

Bidders who submit valid EoIs will have until April 30 to file a binding bid for a stake of between 31.2 and 75%.

Meanwhile, the carrier's fleet has plunged to just fourteen active aircraft.

According to an official from the Directorate General of Civil Aviation (DGCA), Jet Airways operated only six B777-300(ER)s, one A330-200, four B737-800s, and three ATR72-500s on April 11.

Business Today has reported that cargo handler Worldwide Flight Services (WFS) impounded one of the carrier's B777-300(ER)s, VT-JEW (msn 35164), in Amsterdam Schiphol on April 10 over unpaid fees. Flightradar24 ADS-B data indicates that the Boeing widebody remains stored at the Dutch gateway.

Indian Oil has also briefly stopped providing fuel to Jet Airways at Mumbai Int'l, Delhi Int'l, and Hyderabad Int'l on April 10 but resumed the deliveries shortly afterwards.