{"id":266764,"date":"2019-03-28T05:13:10","date_gmt":"2019-03-28T05:13:10","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=266764"},"modified":"2019-03-28T05:13:10","modified_gmt":"2019-03-28T05:13:10","slug":"what-jet-airways-bailout-plan-means-for-spicejet-indigo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/what-jet-airways-bailout-plan-means-for-spicejet-indigo\/","title":{"rendered":"What Jet Airways bailout plan means for SpiceJet, IndiGo"},"content":{"rendered":"<p>One man\u2019s loss is another\u2019s gain. Late last week, investors piled on to shares of SpiceJet Ltd and InterGlobe Aviation Ltd (IndiGo), after Jet Airways (India) Ltd\u2019s troubles went from bad to worse. Shares of the two airlines gained 24.6% and 7.6%, respectively, in just two trading sessions last week after their beleaguered competitor was forced to ground a large number of its leased planes.<\/p>\n<p>But after Jet Airways announced a bank-led bailout plan on Monday, the two stocks gave up some of their gains. The banks said they will infuse \u20b91,500 crore into the airline to help revive operations and eventually ready it for a sale.<\/p>\n<p>But here is the interesting bit. SpiceJet and IndiGo shares have given up only a small portion of their gains. At last count, they had corrected less than 2% each from last week\u2019s close. Jet Airways\u2019 shares, meanwhile, have risen 22.7% this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One man\u2019s loss is another\u2019s gain. Late last week, investors piled on to shares of SpiceJet Ltd and InterGlobe Aviation Ltd (IndiGo), after Jet Airways (India) Ltd\u2019s troubles went from bad to worse. Shares of the two airlines gained 24.6% and 7.6%, respectively, in just two trading sessions last week after their beleaguered competitor was forced to ground a large number of its leased planes. But after Jet Airways announced a bank-led bailout plan on Monday, the two stocks gave up some of their gains. The banks said they will infuse \u20b91,500 crore into the airline to help revive operations [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-266764","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266764","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=266764"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266764\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=266764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=266764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=266764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}