{"id":269674,"date":"2019-04-18T06:55:33","date_gmt":"2019-04-18T06:55:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=269674"},"modified":"2019-04-18T06:55:33","modified_gmt":"2019-04-18T06:55:33","slug":"will-jet-airways-revive-heres-what-has-changed-in-india-after-kingfisher-saga","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/will-jet-airways-revive-heres-what-has-changed-in-india-after-kingfisher-saga\/","title":{"rendered":"Will Jet Airways revive? Here\u2019s what has changed in India after Kingfisher saga"},"content":{"rendered":"<p>It looks like Jet Airways Ltd\u2019s luck has finally run out. India\u2019s oldest privately owned airline suspended operations on a \u201ctemporary\u201d basis on Wednesday after failing to secure a bailout. It\u2019s more than a billion dollars in debt and has lost money for the last four quarters.<\/p>\n<p>On one level, you could argue that this is a good sign for India: Its institutions are holding up. State-owned banks are Jet\u2019s biggest creditors and they seem unwilling to throw more money at the airline without a clear revival plan. This is a big change from the past, when they kept supporting one of Jet\u2019s rivals, the ill-fated Kingfisher Airlines Ltd, long after it seemed rational to do so.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It looks like Jet Airways Ltd\u2019s luck has finally run out. India\u2019s oldest privately owned airline suspended operations on a \u201ctemporary\u201d basis on Wednesday after failing to secure a bailout. It\u2019s more than a billion dollars in debt and has lost money for the last four quarters. On one level, you could argue that this is a good sign for India: Its institutions are holding up. State-owned banks are Jet\u2019s biggest creditors and they seem unwilling to throw more money at the airline without a clear revival plan. This is a big change from the past, when they kept supporting [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-269674","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/269674","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=269674"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/269674\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=269674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=269674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=269674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}