{"id":275409,"date":"2019-05-21T05:28:39","date_gmt":"2019-05-21T05:28:39","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=275409"},"modified":"2019-05-21T05:28:39","modified_gmt":"2019-05-21T05:28:39","slug":"jet-airways-lenders-weigh-paying-off-30-million-us-exim-bank-loan-take-charge-of-6-aircraft","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-lenders-weigh-paying-off-30-million-us-exim-bank-loan-take-charge-of-6-aircraft\/","title":{"rendered":"Jet Airways lenders weigh paying off $30-million US Exim Bank loan &amp; take charge of 6 aircraft"},"content":{"rendered":"<p>MUMBAI: Lenders led by State Bank of India (SBINSE -0.61 %) are contemplating a payment of more than Rs 200 crore (about $30 million) to US Exim Bank and take charge of six aircraft of Jet AirwaysNSE 1.90 % as they struggle to keep the airline afloat till they agree on a durable restructuring plan. <\/p>\n<p>Bankers say payment of the $30-million is worth it because it could release the six aircraft valued at more than \u2014 Rs 2,000 crore ($300 million) from the bank. These assets can then be leased or used to start limited operations that will be crucial in saving the sinking airline. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Lenders led by State Bank of India (SBINSE -0.61 %) are contemplating a payment of more than Rs 200 crore (about $30 million) to US Exim Bank and take charge of six aircraft of Jet AirwaysNSE 1.90 % as they struggle to keep the airline afloat till they agree on a durable restructuring plan. Bankers say payment of the $30-million is worth it because it could release the six aircraft valued at more than \u2014 Rs 2,000 crore ($300 million) from the bank. These assets can then be leased or used to start limited operations that will be crucial [&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":[192,130,136],"tags":[],"class_list":["post-275409","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275409","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=275409"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275409\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=275409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=275409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=275409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}