{"id":265207,"date":"2019-03-20T05:16:56","date_gmt":"2019-03-20T05:16:56","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=265207"},"modified":"2019-03-20T05:16:56","modified_gmt":"2019-03-20T05:16:56","slug":"government-wants-to-explore-all-options-to-keep-jet-afloat","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/government-wants-to-explore-all-options-to-keep-jet-afloat\/","title":{"rendered":"Government wants to explore all options to keep Jet afloat"},"content":{"rendered":"<p>NEW DELHI: The government is keen to explore all options for floundering Jet AirwaysNSE -4.14 % before initiating insolvency proceedings under the insolvency and bankruptcy code (IBC). <\/p>\n<p>The government has also indicated to the banks that it favours Indian player holding a majority stake in the troubled airline. <\/p>\n<p>A senior government official confirmed the development but said that banks themselves are not inclined to go to bankruptcy court as it may considerably lower the valuations, forcing them to take a bigger haircut. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The government is keen to explore all options for floundering Jet AirwaysNSE -4.14 % before initiating insolvency proceedings under the insolvency and bankruptcy code (IBC). The government has also indicated to the banks that it favours Indian player holding a majority stake in the troubled airline. A senior government official confirmed the development but said that banks themselves are not inclined to go to bankruptcy court as it may considerably lower the valuations, forcing them to take a bigger haircut.<\/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-265207","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\/265207","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=265207"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/265207\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=265207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=265207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=265207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}