{"id":299843,"date":"2019-11-07T11:21:23","date_gmt":"2019-11-07T05:51:23","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=299843"},"modified":"2019-11-07T11:21:58","modified_gmt":"2019-11-07T05:51:58","slug":"jet-airways-stares-at-liquidation-as-synergy-group-yet-to-finalise-plan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-stares-at-liquidation-as-synergy-group-yet-to-finalise-plan\/","title":{"rendered":"Jet Airways stares at liquidation as Synergy Group yet to finalise plan"},"content":{"rendered":"<p>Colombia\u2019s Synergy Group, the only entity which evinced interest in the grounded Jet Airways, has been \u201cless enthusiastic than hoped for\u201d in moving forward with discussions and is yet to submit a final resolution plan for the airline, sources told FE.<\/p>\n<p>In the absence of a concrete resolution plan by November 15, the airline will be staring at liquidation, sources close to the matter told FE. \u201cIf a plan is not in place by November 15, we lose any chance of requesting for slots in the next year\u2019s schedule, which is not a desirable proposition since Jet Airways has been grounded since April. Lenders may not be keen on further extending the resolution timeline. So, in the absence of a viable plan, liquidation will be the only choice,\u201d the source said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Colombia\u2019s Synergy Group, the only entity which evinced interest in the grounded Jet Airways, has been \u201cless enthusiastic than hoped for\u201d in moving forward with discussions and is yet to submit a final resolution plan for the airline, sources told FE. In the absence of a concrete resolution plan by November 15, the airline will be staring at liquidation, sources close to the matter told FE. \u201cIf a plan is not in place by November 15, we lose any chance of requesting for slots in the next year\u2019s schedule, which is not a desirable proposition since Jet Airways has been [&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":[196,130,138],"tags":[],"class_list":["post-299843","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299843","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=299843"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299843\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=299843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=299843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=299843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}