{"id":268252,"date":"2019-04-05T07:21:32","date_gmt":"2019-04-05T07:21:32","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=268252"},"modified":"2019-04-05T07:28:39","modified_gmt":"2019-04-05T07:28:39","slug":"jet-lenders-to-invite-bids-for-stake-sale-on-apr-6","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-lenders-to-invite-bids-for-stake-sale-on-apr-6\/","title":{"rendered":"Jet lenders to invite bids for stake sale on Apr 6"},"content":{"rendered":"<p>Amid uncertainty over future of Jet Airways, the consortium of SBI-led lenders on Thursday said bids for selling stake would be invited on April 6 and other options would be explored in case the stake sale efforts does not result in an \u201cacceptable outcome\u201d.<\/p>\n<p>After taking stock of the current situation at cash-strapped Jet Airways, which is currently operating less than 30 planes, the lenders said they would pursue resolution plan for the carrier in a time-bound manner under the present legal and regulatory framework.<\/p>\n<p>The expressions of interest for selling stake in the ailing airline would be invited on April 6 and the last date for submission of bids would be April 9, a statement issued by the SBI on behalf of 26 lenders said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid uncertainty over future of Jet Airways, the consortium of SBI-led lenders on Thursday said bids for selling stake would be invited on April 6 and other options would be explored in case the stake sale efforts does not result in an \u201cacceptable outcome\u201d. After taking stock of the current situation at cash-strapped Jet Airways, which is currently operating less than 30 planes, the lenders said they would pursue resolution plan for the carrier in a time-bound manner under the present legal and regulatory framework. The expressions of interest for selling stake in the ailing airline would be invited on [&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":[212,130,144],"tags":[],"class_list":["post-268252","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\/268252","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=268252"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268252\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=268252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=268252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=268252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}