{"id":263922,"date":"2019-03-13T06:08:39","date_gmt":"2019-03-13T06:08:39","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=263922"},"modified":"2019-03-13T06:08:39","modified_gmt":"2019-03-13T06:08:39","slug":"naresh-goyals-distress-call-for-rs-750-crore-help-for-jet-airways-put-on-hold-by-etihad","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/naresh-goyals-distress-call-for-rs-750-crore-help-for-jet-airways-put-on-hold-by-etihad\/","title":{"rendered":"Naresh Goyal\u2019s distress call for Rs 750 crore help for Jet Airways put on hold by Etihad"},"content":{"rendered":"<p>Etihad board is believed to be in two minds on extending an interim funding of Rs 750 crore to Jet Airways, ahead of regulatory approvals to the bank-led resolution plan from the civil aviation ministry, Securities and Exchange Board of India, Competition Commission of India and the overseeing committee of the Indian Banks\u2019 Association.<\/p>\n<p>The airline\u2019s board, which met in Abu Dhabi on Monday to take a view on the interim funding sought by Jet\u2019s promoter-chairman Naresh Goyal, has however, officially not communicated its position so far. In response to an email query on the subject, an Etihad spokesperson said, \u201cEtihad Airways does not comment on rumour or speculation.\u201d<\/p>\n<p>With Etihad not taking a quick decision on providing an interim funding of Rs 750 crore based on which banks would have released a matching amount as part of their resolution plan, Jet is set to face even more troubled times.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Etihad board is believed to be in two minds on extending an interim funding of Rs 750 crore to Jet Airways, ahead of regulatory approvals to the bank-led resolution plan from the civil aviation ministry, Securities and Exchange Board of India, Competition Commission of India and the overseeing committee of the Indian Banks\u2019 Association. The airline\u2019s board, which met in Abu Dhabi on Monday to take a view on the interim funding sought by Jet\u2019s promoter-chairman Naresh Goyal, has however, officially not communicated its position so far. In response to an email query on the subject, an Etihad spokesperson said, [&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-263922","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\/263922","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=263922"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263922\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=263922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=263922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=263922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}