{"id":267355,"date":"2019-04-01T05:12:17","date_gmt":"2019-04-01T05:12:17","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=267355"},"modified":"2019-04-01T05:12:17","modified_gmt":"2019-04-01T05:12:17","slug":"airfares-soaring-heres-why","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airfares-soaring-heres-why\/","title":{"rendered":"Airfares soaring: Here\u2019s why"},"content":{"rendered":"<p>Jet Airways founders Naresh Goyal and his wife Anita Goyal stepped down from the board on Monday. \u201cThe founders\u2019 step-down was a key demand by the banks. Banks might take the management into their hands and the fund infusion decided by the banks, which is \u20b91,500 crore, may be able to revive two-thirds of the Jet Airways fleet within a month. The concern right now is to stabilise key international and domestic routes hence, they should be reviving their fleet in a month\u2019s time,&#8221; said as hi sh kn a in an, research analyst at Care Ratings, an industry research firm. Cash-strapped Jet Airways has grounded 78 aircraft and cancelled flights. This month, Spicejet grounded 12 aircraft after a Boeing 737 MAX aircraft, operated by Ethiopian Airlines, crashed near Addis Ababa killing 157 people.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jet Airways founders Naresh Goyal and his wife Anita Goyal stepped down from the board on Monday. \u201cThe founders\u2019 step-down was a key demand by the banks. Banks might take the management into their hands and the fund infusion decided by the banks, which is \u20b91,500 crore, may be able to revive two-thirds of the Jet Airways fleet within a month. The concern right now is to stabilise key international and domestic routes hence, they should be reviving their fleet in a month\u2019s time,&#8221; said as hi sh kn a in an, research analyst at Care Ratings, an industry research [&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-267355","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\/267355","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=267355"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/267355\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=267355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=267355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=267355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}