{"id":273766,"date":"2019-05-13T04:54:31","date_gmt":"2019-05-13T04:54:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=273766"},"modified":"2019-05-13T04:54:31","modified_gmt":"2019-05-13T04:54:31","slug":"etihad-interested-in-re-investing-in-jet-airways-subject-to-conditions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/etihad-interested-in-re-investing-in-jet-airways-subject-to-conditions\/","title":{"rendered":"Etihad interested in re-investing in Jet Airways subject to conditions"},"content":{"rendered":"<p>Etihad Airways is interested in re-investing in embattled Indian carrier Jet Airways for a minority stake, subject to certain conditions, a spokesman for the Middle Eastern carrier said on Friday. <\/p>\n<p>&#8220;Etihad re-emphasises that it cannot be expected to be the sole investor, and that, amongst other requirements, additional suitable investors would need to provide the majority of Jet Airways&#8217; required recapitalisation,&#8221; the spokesman said in a statement. <\/p>\n<p>State Bank of India, Jet&#8217;s main lender, has invited binding bids for a stake in the airline that is saddled with roughly $1.2 billion in bank debt. All binding bids were to be submitted by 1800 IST (1230 GMT) on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Etihad Airways is interested in re-investing in embattled Indian carrier Jet Airways for a minority stake, subject to certain conditions, a spokesman for the Middle Eastern carrier said on Friday. &#8220;Etihad re-emphasises that it cannot be expected to be the sole investor, and that, amongst other requirements, additional suitable investors would need to provide the majority of Jet Airways&#8217; required recapitalisation,&#8221; the spokesman said in a statement. State Bank of India, Jet&#8217;s main lender, has invited binding bids for a stake in the airline that is saddled with roughly $1.2 billion in bank debt. All binding bids were to be [&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-273766","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\/273766","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=273766"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/273766\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=273766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=273766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=273766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}