{"id":269429,"date":"2019-04-18T04:47:09","date_gmt":"2019-04-18T04:47:09","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=269429"},"modified":"2019-04-18T04:47:09","modified_gmt":"2019-04-18T04:47:09","slug":"jet-down-to-5-flights-faces-temporary-shutdown-as-lenders-continue-huddle","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-down-to-5-flights-faces-temporary-shutdown-as-lenders-continue-huddle\/","title":{"rendered":"Jet down to 5 flights, faces temporary shutdown as lenders continue huddle"},"content":{"rendered":"<p>Lenders are divided on how to bail out Jet Airways, indicated a banker on Tuesday as the airline&#8217;s management asked for immediate infusion of funds and proposed temporarily suspending all operations.<\/p>\n<p>&#8220;Lenders are committed to a revival plan for Jet Airways,&#8221; Punjab National Bank&#8217;s Managing Director Sunil Mehta was quoted by Reuters as saying. &#8220;SBI is working on the emergency funding, everything is under discussion, nothing is finalised,&#8221; he said, referring to the State Bank of India, which leads consortium of lenders. <\/p>\n<p>Jet Airways has sought emergency funds from banks and has reduced the number of flights to five, said Civil Aviation Secretary Pradeep Singh Kharola, according to PTI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lenders are divided on how to bail out Jet Airways, indicated a banker on Tuesday as the airline&#8217;s management asked for immediate infusion of funds and proposed temporarily suspending all operations. &#8220;Lenders are committed to a revival plan for Jet Airways,&#8221; Punjab National Bank&#8217;s Managing Director Sunil Mehta was quoted by Reuters as saying. &#8220;SBI is working on the emergency funding, everything is under discussion, nothing is finalised,&#8221; he said, referring to the State Bank of India, which leads consortium of lenders. Jet Airways has sought emergency funds from banks and has reduced the number of flights to five, said [&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-269429","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\/269429","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=269429"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/269429\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=269429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=269429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=269429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}