{"id":265452,"date":"2019-03-22T05:14:34","date_gmt":"2019-03-22T05:14:34","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=265452"},"modified":"2019-03-22T05:29:43","modified_gmt":"2019-03-22T05:29:43","slug":"bank-employees-oppose-lenders-plan-to-take-control-of-ailing-jet-airways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bank-employees-oppose-lenders-plan-to-take-control-of-ailing-jet-airways\/","title":{"rendered":"Bank employees oppose lenders&#8217; plan to take control of ailing Jet Airways"},"content":{"rendered":"<p>Bank employees on Thursday opposed the move by a consortium of lenders, led by State Bank of India (SBI), to take control of cash-strapped Jet Airways and infuse additional Rs 1,200 crore into the airline as emergency funding.<\/p>\n<p>State-owned banks, including SBI and Punjab National Bank, are the main lenders to Jet, which is operating only one-third of its fleet of planes as the rest have been grounded due to non-payment to lessors. <\/p>\n<p>SBI Chairman Rajnish Kumar was quoted as saying &#8220;it&#8217;s in &#8216;everybody&#8217;s interest&#8217; to keep the airline flying . \u2026\u2026 Our aim is that the corporate debtor (Jet) should not be harmed.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank employees on Thursday opposed the move by a consortium of lenders, led by State Bank of India (SBI), to take control of cash-strapped Jet Airways and infuse additional Rs 1,200 crore into the airline as emergency funding. State-owned banks, including SBI and Punjab National Bank, are the main lenders to Jet, which is operating only one-third of its fleet of planes as the rest have been grounded due to non-payment to lessors. SBI Chairman Rajnish Kumar was quoted as saying &#8220;it&#8217;s in &#8216;everybody&#8217;s interest&#8217; to keep the airline flying . \u2026\u2026 Our aim is that the corporate debtor (Jet) [&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":[135,167,130],"tags":[],"class_list":["post-265452","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/265452","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=265452"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/265452\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=265452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=265452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=265452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}