May 6, 2019 / 3:58 AM / 2 months ago

BUZZ-India's Jet Airways falls; little scope for revival, govt sources say

** Shares of Jet Airways Ltd fall as much as 7.68 pct to 125.1 rupees

** India’s government sees little hope of a bidder emerging for debt-laden airline, two senior finance ministry officials told Reuters on Sunday

** Increases likelihood that co will face bankruptcy proceedings; Jet has a debt of about $1.2 bln

** Jet lost over half its market value this year as, of Friday’s close

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