{"id":260209,"date":"2019-02-21T05:02:08","date_gmt":"2019-02-21T05:02:08","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=260209"},"modified":"2019-02-21T05:26:13","modified_gmt":"2019-02-21T05:26:13","slug":"jet-airways-bailout-why-the-airlines-second-take-off-may-be-doomed","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-bailout-why-the-airlines-second-take-off-may-be-doomed\/","title":{"rendered":"Jet Airways bailout: Why the airline&#8217;s second take-off may be doomed"},"content":{"rendered":"<p>For Jet Airways India Ltd., it\u2019s always only about one rupee.<\/p>\n<p>As I wrote last month, the troubled full-service carrier needed to garner an additional 1 rupee (1.4 cents) per available seat kilometer to make up for its cost disadvantage against no-frills rivals. Cutthroat price competition denied it that opportunity, and now banks are picking up a majority stake \u2013 at a price of 1 rupee for 114 million shares. <\/p>\n<p>The gamble, which seeks to avoid putting India\u2019s oldest private airline into court-administered bankruptcy, will be put to a shareholder vote on Feb. 21. <\/p>\n<p>Beyond that, the details of the rescue plan are fuzzy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For Jet Airways India Ltd., it\u2019s always only about one rupee. As I wrote last month, the troubled full-service carrier needed to garner an additional 1 rupee (1.4 cents) per available seat kilometer to make up for its cost disadvantage against no-frills rivals. Cutthroat price competition denied it that opportunity, and now banks are picking up a majority stake \u2013 at a price of 1 rupee for 114 million shares. The gamble, which seeks to avoid putting India\u2019s oldest private airline into court-administered bankruptcy, will be put to a shareholder vote on Feb. 21. Beyond that, the details of the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-260209","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/260209","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=260209"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/260209\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=260209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=260209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=260209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}