Jet Airways has in the last 2 months trimmed its fleet by 28 planes and will ground about a dozen more.
Industry insiders said as many as eight Jet aircraft have been grounded due to non-payment to lessors.
The Andhra Pradesh Airports Development Corporation Limited (APADCL), had initiated the bid process for the new airport at Bhogapuram in November 2018.
The plan awaits approval from Tata Sons, the salt-to-software conglomerate that now owns 51% of AirAsia India.
GVK Airport Holdings has exercised its "Right of First Refusal" to increase its stake in MIAL, according to a regulatory filing.
GMR has for the last couple of years made efforts to divest its airport company, including via an IPO.
Ferrovial, ADIA & PSP submit their final bids; some of them are also eyeing stakes of ACSA & Bidvest in Mumbai International Airport.
Jet Airways is running two-and-a-quarter months behind salary obligations to most employees.
IndiGo plans to hire as many as 100 expatriate pilots this year to plug shortages that forced it to cancel many flights recently.
“Jet took the planes on lease in 2013,” the executive said, requesting anonymity.
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