New Delhi, April 18 -- : Expressing their faith in the bids from potential investors, Jet Airways Lenders have endorsed the process as the "best way forward" for the survival of the airline.

In a media statement issued on Thursday, the Jet Airways Lenders said, "The lenders after due deliberations decided that the best way forward for the survival of Jet Airways is to get the binding bids from potential investors who have expressed expression of interest (EOI) and have been issued bid documents on April 16."

"Lenders are reasonably hopeful that the bid process is likely to be successful in determining fair value of the enterprise in a transparent manner," the statement further read.

This comes a day after Jet Airways suspended all its d...