{"id":287197,"date":"2019-08-13T07:03:52","date_gmt":"2019-08-13T07:03:52","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287197"},"modified":"2019-08-13T07:03:52","modified_gmt":"2019-08-13T07:03:52","slug":"not-feasible-to-reinvest-in-jet-airways-says-etihad","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/not-feasible-to-reinvest-in-jet-airways-says-etihad\/","title":{"rendered":"Not feasible to reinvest in Jet Airways, says Etihad"},"content":{"rendered":"<p>Etihad Airways, on Monday, said it has declined to submit an expression of interest to acquire the assets of Jet Airways through the insolvency process because of unresolved issues concerning Jet\u2019s liabilities.<\/p>\n<p>The national airline of the United Arab Emirates said that &#8220;there remained very significant issues relating to Jet\u2019s previous liabilities.&#8221;<\/p>\n<p>Etihad had acquired a 24 per cent stake in Jet in 2013, at a time when Jet needed significant financial support.<\/p>\n<p>&#8220;Since then, Etihad has consistently and constructively sought and advanced solutions to help resolve Jet\u2019s issues. But as a minority shareholder, Etihad has had limited capacity to secure required changes,&#8221; the airline said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Etihad Airways, on Monday, said it has declined to submit an expression of interest to acquire the assets of Jet Airways through the insolvency process because of unresolved issues concerning Jet\u2019s liabilities. The national airline of the United Arab Emirates said that &#8220;there remained very significant issues relating to Jet\u2019s previous liabilities.&#8221; Etihad had acquired a 24 per cent stake in Jet in 2013, at a time when Jet needed significant financial support. &#8220;Since then, Etihad has consistently and constructively sought and advanced solutions to help resolve Jet\u2019s issues. But as a minority shareholder, Etihad has had limited capacity to [&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":[130],"tags":[],"class_list":["post-287197","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287197","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=287197"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287197\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}