{"id":310777,"date":"2020-01-17T11:14:10","date_gmt":"2020-01-17T05:44:10","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=310777"},"modified":"2020-01-17T11:41:50","modified_gmt":"2020-01-17T06:11:50","slug":"jet-airways-to-sell-netherlands-biz-to-klm","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-to-sell-netherlands-biz-to-klm\/","title":{"rendered":"Jet Airways to sell Netherlands biz to KLM"},"content":{"rendered":"<p>Bankrupt Jet Airways plans to sell its Netherlands business to KLM Royal Dutch Airlines, according to a regulatory filing.<\/p>\n<p>The domestic full-service carrier, which shuttered operations last April, is undergoing insolvency resolution process.<\/p>\n<p>The insolvency resolution professional managing the affairs of Jet Airways said various options are being explored for the \u201ccompany\u2019s resolution and maximising the value for its stakeholders\u201d, as per the filing on Friday.<\/p>\n<p>Providing an update, the company said there is a separate liquidation proceeding ongoing in the Netherlands and that the resolution professional has agreed a co-operation protocol with the Dutch trustee appointed by the local court.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bankrupt Jet Airways plans to sell its Netherlands business to KLM Royal Dutch Airlines, according to a regulatory filing. The domestic full-service carrier, which shuttered operations last April, is undergoing insolvency resolution process. The insolvency resolution professional managing the affairs of Jet Airways said various options are being explored for the \u201ccompany\u2019s resolution and maximising the value for its stakeholders\u201d, as per the filing on Friday. Providing an update, the company said there is a separate liquidation proceeding ongoing in the Netherlands and that the resolution professional has agreed a co-operation protocol with the Dutch trustee appointed by the local [&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-310777","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310777","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=310777"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310777\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=310777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=310777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=310777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}