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Jet Airways (India) Limited, currently undergoing liquidation under the Insolvency and Bankruptcy Code (IBC), 2016, has announced two major e-auctions for the sale of valuable aviation assets through the BAANKNET platform. The auctions include three Boeing passenger aircraft along with eight lots of aircraft rotables, aviation tooling and ground support equipment, offering aviation companies, maintenance firms and global buyers an opportunity to acquire high-value aviation assets.
The sale is being conducted by Liquidator Satish Kumar Gupta through the BAANKNET (formerly eBKray) platform on an 'as is where is', 'as is what is', and 'without recourse' basis.
The first e-auction features three Boeing aircraft owned by Jet Airways with a combined reserve value exceeding ₹165 crore.
| Aircraft | Location | Reserve Price | EMD |
|---|---|---|---|
| Boeing 737-800 (MSN 35083) – VT-JBG | Hyderabad | ₹70.64 crore | ₹7.06 crore |
| Boeing 737-800 (MSN 35651) – VT-JBL | Mumbai | ₹90.02 crore | ₹9.00 crore |
| Boeing 737-900 (MSN 33740) – VT-JGD | Delhi | ₹4.93 crore | ₹49.35 lakh |
The second auction focuses on aviation inventory, aircraft spare parts and maintenance equipment used across multiple aircraft fleets.
| Asset Category | Reserve Price |
|---|---|
| Boeing 737 MAX Rotables – Avionics, Systems & Galley | ₹1.93 crore |
| Boeing 737 NG Full Fleet Rotables | ₹8.37 crore |
| 737 Cross-Fleet Common Parts | ₹2.18 crore |
| Boeing 777 Wide-Body Rotables | ₹3.45 crore |
| ATR72 Rotables | ₹2.57 crore |
| Airbus Wide-Body Rotables | ₹2.08 crore |
| Universal Cross-Platform Rotables | ₹5.45 lakh |
| Aviation Tooling & Ground Support Equipment | ₹77.33 lakh |
Interested bidders must complete the following steps:
The Liquidator has clarified that all aircraft and aviation assets are being sold on:
No warranties, guarantees or representations regarding the condition or performance of the assets will be provided. Buyers will also bear all applicable taxes, duties, registration charges, transfer costs and other statutory expenses.
Jet Airways' Liquidator has reserved the right to cancel, modify or withdraw the e-auction process at any stage based on applicable regulations and the advice of the stakeholders, without assigning any reason.
Jet Airways (India) Limited (In Liquidation Cars) has invited bids for the online auction of 16 movable assets as part of its ongoing liquidation proceedings under the Insolvency and Bankruptcy Code (IBC), 2016 . The e-auction is scheduled for July 13, 2026 , and will be conducted through the BAANKNET e-auction platform .
The assets include passenger cars, airport mail carts, catering equipment, uniforms, footwear, printing and stationery materials , which will be sold on an "as is where is", "as is what is", and "without recourse" basis.
The sale forms part of the liquidation estate of the airline following the liquidation order passed by the National Company Law Tribunal (NCLT).
Several company-owned vehicles are being auctioned with varying reserve prices and EMD requirements.
| Vehicle | Reserve Price |
|---|---|
| Maruti Suzuki SX4 VDI | ₹1,42,155 |
| Maruti Suzuki Eeco Green 5-Seater | ₹1,21,014 |
| Honda City 1.5 SV MT (VTEC) | ₹3,08,267 |
| Honda City 1.5 SV MT (VTEC) | ₹3,06,367 |
| Maruti Swift Dzire VXI BS-IV | ₹2,76,572 |
| Honda City 1.5 SV MT (VTEC) | ₹3,08,367 |
| Maruti Swift Dzire VXI BS-IV | ₹2,79,572 |
| Honda City 1.5 SV MT (VTEC) | ₹3,06,231 |
| Maruti Swift Dzire VXI | ₹2,99,572 |
| Audi A6 35 TFSI | ₹15,80,148 |
| Event | Date & Time |
|---|---|
| Last date to submit eligibility documents | July 11, 2026 (5:00 PM IST) |
| Last date to deposit Earnest Money Deposit (EMD) | July 11, 2026 (5:30 PM IST) |
| Online e-auction | July 13, 2026 (12:00 PM IST) |
| Final payment by successful bidder | Within 60 days from the demand notice issued by the Liquidator |
Successful bidders will also have to bear applicable taxes, registration charges, stamp duty, levies and other statutory expenses in addition to the bid amount.
NOTICE
Apart from vehicles, the liquidation auction also includes several operational assets previously used by the airline.
The assets include:
Some of these assets carry reserve prices running into several lakhs of rupees , making them suitable for aviation service providers, logistics companies, recyclers and commercial buyers.
Interested bidders must upload all eligibility documents , declarations and Section 29A undertakings through the BAANKNET e-auction portal within the prescribed deadline.
The Earnest Money Deposit (EMD) must also be paid online before participation.
The Liquidator has clarified that documents submitted outside the e-auction platform will not be accepted .
The auction is being conducted under the provisions of the Insolvency and Bankruptcy Code, 2016 and the IBBI (Liquidation Process) Regulations, 2016 . https://ibbi.baanknet.com/
Important conditions include:
Prospective bidders are advised to carefully review the Asset Sale Process Memorandum (ASPM) and inspect all available details before placing bids.
The latest Jet Airways liquidation e-auction represents another step in monetising the airline's remaining assets under the supervision of the Liquidator. From passenger vehicles to airport handling equipment , the sale offers opportunities for businesses, fleet buyers and auction participants looking to acquire assets through a transparent online bidding process.
Eligible bidders must complete registration, upload the required documents and deposit the EMD before the stipulated deadlines to participate in the July 13, 2026 BAANKNET e-auction .
