{"id":267422,"date":"2019-04-01T06:24:45","date_gmt":"2019-04-01T06:24:45","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=267422"},"modified":"2019-04-01T06:24:45","modified_gmt":"2019-04-01T06:24:45","slug":"ak-purwar-likely-to-chair-jet-airways-interim-management-committee-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ak-purwar-likely-to-chair-jet-airways-interim-management-committee-2\/","title":{"rendered":"AK Purwar likely to chair Jet Airways&#8217; interim management committee"},"content":{"rendered":"<p>The consortium of lenders to Jet Airways is considering roping in former SBI chief A K Purwar as chairman of the interim management committee as the cash-strapped airline looks for a new investor, a senior official said.<\/p>\n<p>The official of the State Bank of India (SBI) also said the lenders are in the process of appointing SBI Capital as advisor in efforts for finding a the new investor.<\/p>\n<p>As the full service carrier struggling to stay afloat, its board on March 25 approved a debt resolution plan that would see immediate fund infusion of Rs 1,500 crore and lenders taking control of the airline.<\/p>\n<p>According to the official, Purwar is expected to be soon appointed as chairman of the interim management committee.<\/p>\n<p>Purwar was the chairman of the State Bank of India between 2002 and 2006. The bank is also the lead lender to Jet Airways.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The consortium of lenders to Jet Airways is considering roping in former SBI chief A K Purwar as chairman of the interim management committee as the cash-strapped airline looks for a new investor, a senior official said. The official of the State Bank of India (SBI) also said the lenders are in the process of appointing SBI Capital as advisor in efforts for finding a the new investor. As the full service carrier struggling to stay afloat, its board on March 25 approved a debt resolution plan that would see immediate fund infusion of Rs 1,500 crore and lenders taking [&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":[212,130,144],"tags":[],"class_list":["post-267422","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/267422","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=267422"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/267422\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=267422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=267422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=267422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}