{"id":267206,"date":"2019-03-30T06:06:19","date_gmt":"2019-03-30T06:06:19","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=267206"},"modified":"2019-03-30T06:06:19","modified_gmt":"2019-03-30T06:06:19","slug":"rescue-deal-is-no-panacea-for-indias-struggling-jet-airways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rescue-deal-is-no-panacea-for-indias-struggling-jet-airways\/","title":{"rendered":"Rescue deal is no panacea for India&#8217;s struggling Jet Airways"},"content":{"rendered":"<p>New Delhi: Jet Airways\u2019 investors are cheering this week\u2019s government-led rescue deal, but the cash-strapped Indian airline\u2019s future looks mired in uncertainty as convincing a new investor to come on board may not be easy.<\/p>\n<p>The airline, which was on the brink of bankruptcy, was bailed out on Monday by state-run banks, which have temporarily taken a majority stake in the company, given it a new loan of USD 218 million and forced its chairman, Naresh Goyal, to step down from the board of the airline he founded 25 years ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Jet Airways\u2019 investors are cheering this week\u2019s government-led rescue deal, but the cash-strapped Indian airline\u2019s future looks mired in uncertainty as convincing a new investor to come on board may not be easy. The airline, which was on the brink of bankruptcy, was bailed out on Monday by state-run banks, which have temporarily taken a majority stake in the company, given it a new loan of USD 218 million and forced its chairman, Naresh Goyal, to step down from the board of the airline he founded 25 years ago.<\/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":[130],"tags":[],"class_list":["post-267206","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/267206","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=267206"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/267206\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=267206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=267206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=267206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}