{"id":263543,"date":"2019-03-12T05:22:48","date_gmt":"2019-03-12T05:22:48","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=263543"},"modified":"2019-03-12T05:22:48","modified_gmt":"2019-03-12T05:22:48","slug":"naresh-goyal-seeks-rs-750-crore-lifeline-from-etihad-warns-delay-may-ground-jet-airways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/naresh-goyal-seeks-rs-750-crore-lifeline-from-etihad-warns-delay-may-ground-jet-airways\/","title":{"rendered":"Naresh Goyal seeks Rs 750 crore lifeline from Etihad, warns delay may ground Jet Airways"},"content":{"rendered":"<p>MUMBAI: Jet AirwaysNSE 0.59 % chairman Naresh Goyal has sought an urgent funding of Rs 750 crore from its equity partner Etihad, citing &#8220;the very precarious&#8221; position of the airline following the lingering cash flow issues which got amplified after the forced grounding of over 50 of its planes. <\/p>\n<p>In a letter to the Gulf-based carrier&#8217;s group chief executive Tony Douglas, Goyal also said the airline has also secured the go-ahead from the aviation ministry to pledge its shares in JetPrivelege for securing the interim funding. <\/p>\n<p>The airline holds 49.9 percent stake in the loyalty programme, while the majority is with Etihad. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Jet AirwaysNSE 0.59 % chairman Naresh Goyal has sought an urgent funding of Rs 750 crore from its equity partner Etihad, citing &#8220;the very precarious&#8221; position of the airline following the lingering cash flow issues which got amplified after the forced grounding of over 50 of its planes. In a letter to the Gulf-based carrier&#8217;s group chief executive Tony Douglas, Goyal also said the airline has also secured the go-ahead from the aviation ministry to pledge its shares in JetPrivelege for securing the interim funding. The airline holds 49.9 percent stake in the loyalty programme, while the majority is [&hellip;]<\/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-263543","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\/263543","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=263543"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263543\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=263543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=263543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=263543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}