{"id":300690,"date":"2019-11-13T12:54:45","date_gmt":"2019-11-13T07:24:45","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=300690"},"modified":"2019-11-13T12:54:45","modified_gmt":"2019-11-13T07:24:45","slug":"govt-may-clear-air-indias-dues-worth-rs-22000-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-may-clear-air-indias-dues-worth-rs-22000-cr\/","title":{"rendered":"Govt may clear Air India\u2019s dues worth Rs 22,000 cr"},"content":{"rendered":"<p>The government is likely to pay Air India\u2019s dues worth Rs 22,000 crore to vendors such as airports and oil companies before putting up the airline for sale, senior government officials told ET.<\/p>\n<p>The government may also waive the airline\u2019s entire working capital debt of about Rs 15,500 crore, enabling it to offer Air India to potential buyers with its loan burden reduced to about Rs 20,000 crore.<\/p>\n<p>\u201cWe are discussing ways to reduce these dues, which the airline owes to oil companies and various airport operators, among others,\u201d said a senior government official who did not want to be identified.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is likely to pay Air India\u2019s dues worth Rs 22,000 crore to vendors such as airports and oil companies before putting up the airline for sale, senior government officials told ET. The government may also waive the airline\u2019s entire working capital debt of about Rs 15,500 crore, enabling it to offer Air India to potential buyers with its loan burden reduced to about Rs 20,000 crore. \u201cWe are discussing ways to reduce these dues, which the airline owes to oil companies and various airport operators, among others,\u201d said a senior government official who did not want to be [&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-300690","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\/300690","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=300690"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300690\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=300690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=300690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=300690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}