{"id":264430,"date":"2019-03-15T06:23:48","date_gmt":"2019-03-15T06:23:48","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=264430"},"modified":"2019-03-15T06:23:48","modified_gmt":"2019-03-15T06:23:48","slug":"perpetuity-clause-stalls-jet-airways-new-flight-plan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/perpetuity-clause-stalls-jet-airways-new-flight-plan\/","title":{"rendered":"&#8216;Perpetuity\u2019 clause stalls Jet Airway\u2019s new flight plan"},"content":{"rendered":"<p>NEW DELHI: The Jet AirwaysNSE -1.85 % revival plan has stalled over promoter Naresh Goyal\u2019s insistence that his shareholding shouldn\u2019t be capped at 22 per cent in \u201cperpetuity\u201d. <\/p>\n<p>This had been one of Etihad\u2019s conditions for providing funds to the airline, which needs Rs 750 crore immediately. The board of the Abu Dhabi carrier, which has a 24 per cent stake in Jet, hasn\u2019t approved the funding because of Goyal\u2019s insistence on waiver of the clause, said people with knowledge of the<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The Jet AirwaysNSE -1.85 % revival plan has stalled over promoter Naresh Goyal\u2019s insistence that his shareholding shouldn\u2019t be capped at 22 per cent in \u201cperpetuity\u201d. This had been one of Etihad\u2019s conditions for providing funds to the airline, which needs Rs 750 crore immediately. The board of the Abu Dhabi carrier, which has a 24 per cent stake in Jet, hasn\u2019t approved the funding because of Goyal\u2019s insistence on waiver of the clause, said people with knowledge of the<\/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-264430","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\/264430","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=264430"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264430\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=264430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=264430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=264430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}