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Jet Airways issues gag order, fearing impact on stake sale

As per industry sources, private equity firms TPG Capital, Indigo Partners and the NIIF and Etihad Airways were in the race to buy a stake in the grounded carrier

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Jet Airways

Jet Airways

New Delhi: The grounded Jet Airways has issued a gag order to its employees advising them to refrain from speaking with external stakeholders. An internal mail accessed by IANS suggests that talking with external stakeholders especially the media might impact the bidding process for airline's stake sale.

"We are currently at a critical stage of our bid process that is being led by our lenders. We urge you to refrain from engaging with the media and let the task of interaction with external stakeholders (especially the media) be restricted to our colleagues at corporate communication team," the mail sent late on Thursday said.

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