{"id":267921,"date":"2019-04-04T05:15:57","date_gmt":"2019-04-04T05:15:57","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=267921"},"modified":"2019-04-04T05:15:57","modified_gmt":"2019-04-04T05:15:57","slug":"jet-airways-falls-9-per-cent-in-two-days-as-crises-deepens","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-falls-9-per-cent-in-two-days-as-crises-deepens\/","title":{"rendered":"Jet Airways falls 9 per cent in two days as crises deepens"},"content":{"rendered":"<p>Shares of Jet Airways (India) slipped 4 per cent to Rs 242 in early morning trade on the BSE on Thursday, falling 9 per cent in past two trading days as the financial crises deepen in the cash-starved airline. <\/p>\n<p>Jet Airways has grounded 15 additional aircraft due to non-payment of amounts outstanding to lessors under their respective lease agreements, the airline said in a regulatory filing on Monday. Now, the total number of planes grounded on account of default in lease rental payments, as disclosed by the airline, stands at 69. <\/p>\n<p>According to a PTI report, the company on Wednesday deferred the March salary payment to its employees, citing &#8220;complexities&#8221; involved in the finalisation of the debt-recast plan, under which the State Bank of India (SBI)-led consortium of lenders has taken over the management control of the airline.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Jet Airways (India) slipped 4 per cent to Rs 242 in early morning trade on the BSE on Thursday, falling 9 per cent in past two trading days as the financial crises deepen in the cash-starved airline. Jet Airways has grounded 15 additional aircraft due to non-payment of amounts outstanding to lessors under their respective lease agreements, the airline said in a regulatory filing on Monday. Now, the total number of planes grounded on account of default in lease rental payments, as disclosed by the airline, stands at 69. According to a PTI report, the company on Wednesday [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-267921","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/267921","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=267921"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/267921\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=267921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=267921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=267921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}