Synergy Aerospace has resubmitted an Expression Of Interest (EOI) for Jet Airways (JAI, Mumbai International) and was joined shortly thereafter by an unnamed fund from Dubai, Indian media have reported.

The Hindu Business Line said the South American holding was the first to submit an EOI. Synergy Aerospace was the only investor interested in acquiring Jet Airways during the first round of EOIs last year. However, amidst a lack of clarity regarding the status of the airline's slots at Mumbai International and Delhi International, Synergy did not submit a final and binding business proposal by mid-December, prompting liquidators to announce a fresh call for EOIs.

On January 8, the liquidators' counsel informed the National Company Law Tribunal that a second EOI was submitted by the fund from Dubai, the Business Standard newspaper reported.

Indian conglomerate Hinduja Group and Turbo Aviation (Hyderabad International), backed by GBP100 million pounds (USD130 million) in fresh capital from UK investors, are also said to be interested in acquiring Jet Airways. So far, neither has confirmed submitting an EOI.

Potential bidders have until January 16 to submit their proposals.