{"id":274065,"date":"2019-05-14T05:07:15","date_gmt":"2019-05-14T05:07:15","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=274065"},"modified":"2019-05-14T05:07:15","modified_gmt":"2019-05-14T05:07:15","slug":"jet-airways-skids-10-on-etihads-non-binding-offer-deputy-ceo-resigns","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-skids-10-on-etihads-non-binding-offer-deputy-ceo-resigns\/","title":{"rendered":"Jet Airways skids 10% on Etihad&#8217;s non-binding offer; deputy CEO resigns"},"content":{"rendered":"<p>Jet Airways (India) slumped 10 per cent to Rs 126 on the BSE in early morning trade on Tuesday, falling 17 per cent in the past two trading days, following a news report that Etihad Airways had put in stiff conditions in its bid that includes substantial write down of the Rs 9,000-crore loan. <\/p>\n<p>Moreover, the cash-strapped airline on Tuesday said Deputy Chief Executive Officer and Chief Financial Officer (CFO), Amit Agarwal has resigned from the company &#8220;due to personal reasons, with effect from 13 May 2019.&#8221; <\/p>\n<p>According to a Business Standard report, Etihad Airways has put in stiff conditions, which include a substantial write down of the Rs 9,000-crore loans, as a prerequisite to run Jet Airways. The Abu Dhabi-based airline has also put the onus of finding a majority investment partner on the Jet lenders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jet Airways (India) slumped 10 per cent to Rs 126 on the BSE in early morning trade on Tuesday, falling 17 per cent in the past two trading days, following a news report that Etihad Airways had put in stiff conditions in its bid that includes substantial write down of the Rs 9,000-crore loan. Moreover, the cash-strapped airline on Tuesday said Deputy Chief Executive Officer and Chief Financial Officer (CFO), Amit Agarwal has resigned from the company &#8220;due to personal reasons, with effect from 13 May 2019.&#8221; According to a Business Standard report, Etihad Airways has put in stiff conditions, [&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-274065","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\/274065","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=274065"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/274065\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=274065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=274065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=274065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}