{"id":263382,"date":"2019-03-11T06:38:36","date_gmt":"2019-03-11T06:38:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=263382"},"modified":"2019-03-11T06:38:36","modified_gmt":"2019-03-11T06:38:36","slug":"jet-airways-crisis-we-will-take-back-aircraft-if-restructuring-plan-not-approved-says-lessor","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-crisis-we-will-take-back-aircraft-if-restructuring-plan-not-approved-says-lessor\/","title":{"rendered":"Jet Airways crisis: We will take back aircraft if restructuring plan not approved, says lessor"},"content":{"rendered":"<p>FLY Leasing, the lessor for the beleaguered airline Jet Airways has said that it will take back the three grounded aircraft and redeploy them if the latter is unable to get its debt restructuring plan approved with the State Bank of India. Ireland headquartered aircraft leasing investment company Fly Leasing had grounded three aircraft, given to Jet Airways on lease, on Thursday.<\/p>\n<p>The airline on Thursday had said that it is due to the failure to make payments, Reuters reported.<\/p>\n<p>\u201c\u2026we have 3 fairly young (Boeing 737-)800s there that represent about 3% of our revenue at FLY. We\u2019ve been a long-time lessor to Jet and to Etihad, and we\u2019re a big believer in the Indian aviation market. I mean you look at the metrics of that market, it\u2019s phenomenal, so any major lessor has to play in that marketplace, it\u2019s \u2014 long-term it\u2019s the place to be. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>FLY Leasing, the lessor for the beleaguered airline Jet Airways has said that it will take back the three grounded aircraft and redeploy them if the latter is unable to get its debt restructuring plan approved with the State Bank of India. Ireland headquartered aircraft leasing investment company Fly Leasing had grounded three aircraft, given to Jet Airways on lease, on Thursday. The airline on Thursday had said that it is due to the failure to make payments, Reuters reported. \u201c\u2026we have 3 fairly young (Boeing 737-)800s there that represent about 3% of our revenue at FLY. We\u2019ve been a [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-263382","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263382","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=263382"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263382\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=263382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=263382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=263382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}