{"id":273071,"date":"2019-05-06T05:52:03","date_gmt":"2019-05-06T05:52:03","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=273071"},"modified":"2019-05-06T05:52:03","modified_gmt":"2019-05-06T05:52:03","slug":"after-employees-now-jet-airways-frequent-flyers-propose-roja-revival-plan-to-sbi-pnb-icici-bank","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/after-employees-now-jet-airways-frequent-flyers-propose-roja-revival-plan-to-sbi-pnb-icici-bank\/","title":{"rendered":"After employees, now Jet Airways\u2019 frequent flyers propose \u2018Roja\u2019 revival plan to SBI, PNB, ICICI Bank"},"content":{"rendered":"<p>A group of cash-strapped Jet Airways\u2019 frequent flyers along with nine banks, which have lent capital to the airline, have proposed a leveraged buyout plan called \u2018Revival of Jet Airways Plan\u2019 or \u2018Roja\u2019 to State Bank of India (SBI), Punjab National Bank, and ICICI Bank among key lenders.<\/p>\n<p>The group led by one Sankaran P. Raghunathan had claimed themselves to be reputed professionals as well as minority shareholders in the beleaguered airline have submitted the plan\u2019s presentation to employee unions, bankers, pilots, engineers and other stakeholders, IANS reported.<\/p>\n<p>Earlier a group of Jet Airways\u2019 employees had proposed take over of management control and arrange up to Rs 3,000 crore from external investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A group of cash-strapped Jet Airways\u2019 frequent flyers along with nine banks, which have lent capital to the airline, have proposed a leveraged buyout plan called \u2018Revival of Jet Airways Plan\u2019 or \u2018Roja\u2019 to State Bank of India (SBI), Punjab National Bank, and ICICI Bank among key lenders. The group led by one Sankaran P. Raghunathan had claimed themselves to be reputed professionals as well as minority shareholders in the beleaguered airline have submitted the plan\u2019s presentation to employee unions, bankers, pilots, engineers and other stakeholders, IANS reported. Earlier a group of Jet Airways\u2019 employees had proposed take over of [&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-273071","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\/273071","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=273071"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/273071\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=273071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=273071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=273071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}