{"id":269325,"date":"2019-04-16T07:15:56","date_gmt":"2019-04-16T07:15:56","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=269325"},"modified":"2019-04-16T07:15:56","modified_gmt":"2019-04-16T07:15:56","slug":"jet-airways-stares-at-shutdown-board-meets-today-as-lenders-refuse-funds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-stares-at-shutdown-board-meets-today-as-lenders-refuse-funds\/","title":{"rendered":"Jet Airways stares at shutdown, board meets today as lenders refuse funds"},"content":{"rendered":"<p>India\u2019s first private airline Jet Airways is headed towards a total grounding and a decision could be taken as early as Tuesday after a meeting of its board of directors. Left with no cash, a seven-plane fleet and fuel to run operations only till Tuesday afternoon, the end is imminent, said sources close to the development. \u201cJet cannot be saved now. It\u2019s on the ground,\u201d another source in the know said. <\/p>\n<p>This follows Monday\u2019s no-consensus emergency meeting of the lenders\u2019 consortium, led by State Bank of India, to decide on infusion of Rs 1,000 crore immediately. Soon after, the suspension of the international operations was extended till at least April 18.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s first private airline Jet Airways is headed towards a total grounding and a decision could be taken as early as Tuesday after a meeting of its board of directors. Left with no cash, a seven-plane fleet and fuel to run operations only till Tuesday afternoon, the end is imminent, said sources close to the development. \u201cJet cannot be saved now. It\u2019s on the ground,\u201d another source in the know said. This follows Monday\u2019s no-consensus emergency meeting of the lenders\u2019 consortium, led by State Bank of India, to decide on infusion of Rs 1,000 crore immediately. Soon after, the suspension [&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-269325","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\/269325","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=269325"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/269325\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=269325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=269325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=269325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}