{"id":269002,"date":"2019-04-16T05:41:10","date_gmt":"2019-04-16T05:41:10","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=269002"},"modified":"2019-04-16T05:41:10","modified_gmt":"2019-04-16T05:41:10","slug":"fuel-terms-tightened-planes-seized-jet-airways-hits-more-turbulence","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fuel-terms-tightened-planes-seized-jet-airways-hits-more-turbulence\/","title":{"rendered":"Fuel terms tightened, planes seized: Jet Airways hits more turbulence"},"content":{"rendered":"<p>Jet Airways is fighting for survival as its fleet shrinks and some refiners tighten fuel supply terms despite efforts by the airline\u2019s lenders to find a new investor to bail out the cash-strapped Indian carrier. <\/p>\n<p>Saddled with more than $1.2 billion of bank debt, the airline has been teetering for weeks and has yet to receive a loan of about $217 million from its lenders as part of a rescue deal agreed in late March. <\/p>\n<p>Jet\u2019s fleet had shrunk to 119 earlier this year from 124 planes last year and India\u2019s aviation regulator has approved the de-registration of seven grounded Boeing 737 planes leased to Jet, according to notices posted on the Directorate General of Civil Aviation\u2019s (DGCA) website on Wednesday. Applications to de-register a further 24 aircraft are pending.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jet Airways is fighting for survival as its fleet shrinks and some refiners tighten fuel supply terms despite efforts by the airline\u2019s lenders to find a new investor to bail out the cash-strapped Indian carrier. Saddled with more than $1.2 billion of bank debt, the airline has been teetering for weeks and has yet to receive a loan of about $217 million from its lenders as part of a rescue deal agreed in late March. Jet\u2019s fleet had shrunk to 119 earlier this year from 124 planes last year and India\u2019s aviation regulator has approved the de-registration of seven grounded [&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-269002","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\/269002","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=269002"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/269002\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=269002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=269002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=269002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}