{"id":246940,"date":"2019-02-15T05:47:21","date_gmt":"2019-02-15T05:47:21","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=246940"},"modified":"2019-02-15T05:47:21","modified_gmt":"2019-02-15T05:47:21","slug":"jet-airways-shares-rally-5-after-board-approves-debt-resolution-plan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-shares-rally-5-after-board-approves-debt-resolution-plan\/","title":{"rendered":"Jet Airways shares rally 5% after board approves debt resolution plan"},"content":{"rendered":"<p>Shares of Jet AirwaysNSE 3.19 % rallied over 5 per cent in morning trade on Friday after the board approved bank-led resolution plan (BLRP), entailing conversion of lenders\u2019 debt into equity. <\/p>\n<p>However, the airline reported a standalone net loss of Rs 587.77 crore for the quarter ended December 31. It had posted a net profit of Rs 165.25 crore in the same quarter last year. <\/p>\n<p>On a consolidated basis, Jet Airways posted a net loss of Rs 732 crore for the quarter, against a net profit of Rs 186 crore for the same period last year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Jet AirwaysNSE 3.19 % rallied over 5 per cent in morning trade on Friday after the board approved bank-led resolution plan (BLRP), entailing conversion of lenders\u2019 debt into equity. However, the airline reported a standalone net loss of Rs 587.77 crore for the quarter ended December 31. It had posted a net profit of Rs 165.25 crore in the same quarter last year. On a consolidated basis, Jet Airways posted a net loss of Rs 732 crore for the quarter, against a net profit of Rs 186 crore for the same period last year.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-246940","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/246940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=246940"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/246940\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=246940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=246940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=246940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}