{"id":271236,"date":"2019-04-26T05:47:30","date_gmt":"2019-04-26T05:47:30","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=271236"},"modified":"2019-04-26T05:47:30","modified_gmt":"2019-04-26T05:47:30","slug":"minority-shareholders-seek-lenders-approval-to-present-proposal-to-revive-jet-airways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/minority-shareholders-seek-lenders-approval-to-present-proposal-to-revive-jet-airways\/","title":{"rendered":"Minority shareholders seek lenders approval to present proposal to revive Jet Airways"},"content":{"rendered":"<p>MUMBAI: A group of minority share holders of Jet Airways (India) Ltd., have sought permission from SBI Capital Markets Limited (SBI Caps), which is running the bidding process for the cash-strapped airline, to present a proposal to lenders that would revive the airline.<\/p>\n<p>In a letter dated 25 April and addressed to SBI Caps, Sankaran Raghunathan, representing minority shareholders and frequent flyers of Jet Airways, said that Jet Airways&#8217; lenders should not entertain any proposal or bid from any party that seek haircut from banks on the debt obligations of the airline, as this would result in a loss for the banks.<\/p>\n<p>A copy of the letter has been reviewed by Mint.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: A group of minority share holders of Jet Airways (India) Ltd., have sought permission from SBI Capital Markets Limited (SBI Caps), which is running the bidding process for the cash-strapped airline, to present a proposal to lenders that would revive the airline. In a letter dated 25 April and addressed to SBI Caps, Sankaran Raghunathan, representing minority shareholders and frequent flyers of Jet Airways, said that Jet Airways&#8217; lenders should not entertain any proposal or bid from any party that seek haircut from banks on the debt obligations of the airline, as this would result in a loss for [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-271236","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271236","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=271236"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271236\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=271236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=271236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=271236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}