{"id":287190,"date":"2019-08-13T06:59:32","date_gmt":"2019-08-13T06:59:32","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287190"},"modified":"2019-08-13T06:59:32","modified_gmt":"2019-08-13T06:59:32","slug":"jets-liabilities-prevented-etihad-from-lodging-eoi","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jets-liabilities-prevented-etihad-from-lodging-eoi\/","title":{"rendered":"Jet&#8217;s liabilities prevented Etihad from lodging EoI"},"content":{"rendered":"<p>Mumbai: Etihad Airways PJSC, which owns a 24% stake in Jet Airways (India) Ltd, on Monday said it declined to lodge an expression of interest (EoI) for its grounded partner due to unresolved issues concerning the Mumbai-based airline&#8217;s liabilities.<\/p>\n<p>The Gulf airline major had, in May, submitted a non-binding conditional expression of interest (EoI) for Jet Airways for picking up minority shareholding. However, among its conditions, Etihad wanted a commitment from banks on additional loans. The company had also sought an exemption from an open offer that could have been triggered by a change in ownership following its investment.<\/p>\n<p>&#8220;Etihad remained engaged in the process, but despite the endeavours of everyone involved there remained very significant issues relating to Jet\u2019s previous liabilities,&#8221; Etihad Airways said in a statement. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Etihad Airways PJSC, which owns a 24% stake in Jet Airways (India) Ltd, on Monday said it declined to lodge an expression of interest (EoI) for its grounded partner due to unresolved issues concerning the Mumbai-based airline&#8217;s liabilities. The Gulf airline major had, in May, submitted a non-binding conditional expression of interest (EoI) for Jet Airways for picking up minority shareholding. However, among its conditions, Etihad wanted a commitment from banks on additional loans. The company had also sought an exemption from an open offer that could have been triggered by a change in ownership following its investment. &#8220;Etihad [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-287190","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287190","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287190"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287190\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}