{"id":272958,"date":"2019-05-06T04:52:31","date_gmt":"2019-05-06T04:52:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=272958"},"modified":"2019-05-06T05:22:09","modified_gmt":"2019-05-06T05:22:09","slug":"govt-sees-little-scope-for-jet-airways-revival-as-bidders-stay-away-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-sees-little-scope-for-jet-airways-revival-as-bidders-stay-away-report\/","title":{"rendered":"Govt sees little scope for Jet Airways revival as bidders stay away: Report"},"content":{"rendered":"<p>The government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd., two senior finance ministry officials said, even as thousands of employees plead with the government for a rescue. <\/p>\n<p>Parties that had initially expressed interest in Jet, which is saddled with roughly $1.2 billion of debt, have so far failed to make firm bids to bail it out, increasing the odds that it could soon face bankruptcy proceedings. <\/p>\n<p>&#8220;There is little scope in the revival of Jet,&#8221; said one official, adding that if a bidder emerged, the government was still willing to return slots to the private airline which have temporarily been given to rivals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd., two senior finance ministry officials said, even as thousands of employees plead with the government for a rescue. Parties that had initially expressed interest in Jet, which is saddled with roughly $1.2 billion of debt, have so far failed to make firm bids to bail it out, increasing the odds that it could soon face bankruptcy proceedings. &#8220;There is little scope in the revival of Jet,&#8221; said one official, adding that if a bidder emerged, the government was still willing to return slots to the private [&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-272958","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\/272958","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=272958"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/272958\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=272958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=272958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=272958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}