{"id":267289,"date":"2019-03-30T07:27:49","date_gmt":"2019-03-30T07:27:49","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=267289"},"modified":"2019-03-30T07:27:49","modified_gmt":"2019-03-30T07:27:49","slug":"rescue-deal-no-panacea-for-jet","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rescue-deal-no-panacea-for-jet\/","title":{"rendered":"Rescue deal no panacea for Jet"},"content":{"rendered":"<p>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 $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>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 $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":[224,130,150],"tags":[],"class_list":["post-267289","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-tribune","category-newspapers","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/267289","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=267289"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/267289\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=267289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=267289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=267289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}