{"id":310975,"date":"2020-01-18T11:35:59","date_gmt":"2020-01-18T06:05:59","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=310975"},"modified":"2020-01-18T11:40:25","modified_gmt":"2020-01-18T06:10:25","slug":"jet-airways-to-sell-netherlands-business-to-klm-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-to-sell-netherlands-business-to-klm-2\/","title":{"rendered":"Jet Airways to sell Netherlands business to KLM"},"content":{"rendered":"<p>Bankrupt Jet AirwaysNSE -4.90 % 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 &#8220;company&#8217;s resolution and maximising the value for its stakeholders&#8221;, 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 AirwaysNSE -4.90 % 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 &#8220;company&#8217;s resolution and maximising the value for its stakeholders&#8221;, 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 [&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":[192,130,136],"tags":[],"class_list":["post-310975","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\/310975","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=310975"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310975\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=310975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=310975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=310975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}