{"id":263660,"date":"2019-03-12T06:05:51","date_gmt":"2019-03-12T06:05:51","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=263660"},"modified":"2019-03-12T06:05:51","modified_gmt":"2019-03-12T06:05:51","slug":"jet-air-may-get-fresh-infusion-as-goyal-etihad-set-to-finalise-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-air-may-get-fresh-infusion-as-goyal-etihad-set-to-finalise-deal\/","title":{"rendered":"Jet Air may get fresh infusion as Goyal, Etihad set to finalise deal"},"content":{"rendered":"<p>Resolution plan likely to bring \u20b94,000-crore funding for the beleaguered airline <\/p>\n<p>Key stakeholders of Jet Airways including Etihad Airways, Naresh Goyal and the lenders seem to have cobbled up a resolution plan which could result in an interim fresh funding of \u20b9 4,000 crore into the beleaguered airline in addition to fresh equity infusion. <\/p>\n<p>This includes \u20b9 750 crore interim financing by Etihad and another \u20b9 750 crore by the lenders, according to sources close to the development. Shares worth 34.9 per cent stake in Jet Privilege Private Limited \u2014 the loyalty rewards programme of Jet Airways \u2014 is likely be pledged equally to Etihad and the lenders to secure the interim funding. Ministry of Civil Aviation has already approved for the pledging of Jet Airways\u2019 shares in Jet Privilege. <\/p>\n<p>Change in shareholding<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Resolution plan likely to bring \u20b94,000-crore funding for the beleaguered airline Key stakeholders of Jet Airways including Etihad Airways, Naresh Goyal and the lenders seem to have cobbled up a resolution plan which could result in an interim fresh funding of \u20b9 4,000 crore into the beleaguered airline in addition to fresh equity infusion. This includes \u20b9 750 crore interim financing by Etihad and another \u20b9 750 crore by the lenders, according to sources close to the development. Shares worth 34.9 per cent stake in Jet Privilege Private Limited \u2014 the loyalty rewards programme of Jet Airways \u2014 is likely [&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":[130],"tags":[],"class_list":["post-263660","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263660","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=263660"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263660\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=263660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=263660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=263660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}