{"id":264839,"date":"2019-03-18T05:01:09","date_gmt":"2019-03-18T05:01:09","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=264839"},"modified":"2019-03-18T05:01:09","modified_gmt":"2019-03-18T05:01:09","slug":"talks-between-jets-lenders-and-etihad-sour-jet-cancels-abu-dhabi-flights","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/talks-between-jets-lenders-and-etihad-sour-jet-cancels-abu-dhabi-flights\/","title":{"rendered":"Talks between Jet\u2019s lenders and Etihad sour; Jet cancels Abu Dhabi flights"},"content":{"rendered":"<p>MUMBAI: The deal to rescue Jet AirwaysNSE 0.53 % has hit an air pocket. Lenders have told Jet\u2019s strategic partner Etihad Airways that if it is unable to accept the terms to revive the troubled airline, it should exit so that a new investor can be brought in. <\/p>\n<p>Meanwhile, Jet has cancelled all flights to Etihad\u2019s hub in Abu Dhabi, said two people in the know. The destination became Jet\u2019s hub after it sold stake to the Gulf carrier in 2013. One of them said it was due to shortage of aircraft but it also underlines souring of talks between the two parties. <\/p>\n<p>Etihad, saddled with losses and unsure of the resolution plan and its probable outcome, is understood to have said that it could exit at a price of Rs 150 a share. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: The deal to rescue Jet AirwaysNSE 0.53 % has hit an air pocket. Lenders have told Jet\u2019s strategic partner Etihad Airways that if it is unable to accept the terms to revive the troubled airline, it should exit so that a new investor can be brought in. Meanwhile, Jet has cancelled all flights to Etihad\u2019s hub in Abu Dhabi, said two people in the know. The destination became Jet\u2019s hub after it sold stake to the Gulf carrier in 2013. One of them said it was due to shortage of aircraft but it also underlines souring of talks between [&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-264839","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\/264839","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=264839"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264839\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=264839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=264839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=264839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}