{"id":266479,"date":"2019-03-26T07:14:01","date_gmt":"2019-03-26T07:14:01","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=266479"},"modified":"2019-03-26T07:14:01","modified_gmt":"2019-03-26T07:14:01","slug":"jet-airways-to-get-rs-1500-crore-immediate-support","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-to-get-rs-1500-crore-immediate-support\/","title":{"rendered":"Jet Airways to get Rs 1,500 crore &#8216;immediate support&#8217;"},"content":{"rendered":"<p>MUMBAI: Jet Airways on Monday said that it will receive an &#8220;immediate funding support&#8221; of up to Rs 1,500 crore by lenders for operational requirements.<\/p>\n<p>ALSO READ | Amid Jet Airways crisis, flight cancellations widen demand and supply gap in aviation sector<\/p>\n<p>The financially-struggling airline also announced the constitution of an Interim Management Committee &#8220;at the instructions of the lenders to manage and monitor the daily operations and cashflow of the company&#8221;.<\/p>\n<p>&#8220;Immediate Funding support of up to Rs 1,500 crore by lenders by way of issue of appropriate debt instrument against security of its assets which will restore normalcy to Company&#8217;s level of operations,&#8221; it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Jet Airways on Monday said that it will receive an &#8220;immediate funding support&#8221; of up to Rs 1,500 crore by lenders for operational requirements. ALSO READ | Amid Jet Airways crisis, flight cancellations widen demand and supply gap in aviation sector The financially-struggling airline also announced the constitution of an Interim Management Committee &#8220;at the instructions of the lenders to manage and monitor the daily operations and cashflow of the company&#8221;. &#8220;Immediate Funding support of up to Rs 1,500 crore by lenders by way of issue of appropriate debt instrument against security of its assets which will restore normalcy [&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":[208,130,143],"tags":[],"class_list":["post-266479","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266479","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=266479"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266479\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=266479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=266479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=266479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}