{"id":324447,"date":"2020-01-28T11:30:51","date_gmt":"2020-01-28T06:00:51","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=324447"},"modified":"2020-01-28T12:06:42","modified_gmt":"2020-01-28T06:36:42","slug":"air-india-sale-may-struggle-to-fly-despite-better-terms-from-govt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-sale-may-struggle-to-fly-despite-better-terms-from-govt\/","title":{"rendered":"Air India sale may struggle to fly despite better terms from govt"},"content":{"rendered":"<p>The government has sweetened the deal a fair bit for prospective bidders of Air India Ltd. It is now retaining a far greater share of the airline\u2019s debt and has given up the condition of retaining a 24% stake in the airline it had set about two years ago. <\/p>\n<p>For bidders, having full operational freedom without government interference is a huge positive. The reduction in debt and hence, interest costs, will be about 61% under the new terms, as against 35% under the earlier terms set out in March 2018. <\/p>\n<p>From the government\u2019s perspective, it seems like it is really bending backwards to attract bidders and make a deal happen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has sweetened the deal a fair bit for prospective bidders of Air India Ltd. It is now retaining a far greater share of the airline\u2019s debt and has given up the condition of retaining a 24% stake in the airline it had set about two years ago. For bidders, having full operational freedom without government interference is a huge positive. The reduction in debt and hence, interest costs, will be about 61% under the new terms, as against 35% under the earlier terms set out in March 2018. From the government\u2019s perspective, it seems like it is really [&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":[188,139,130],"tags":[],"class_list":["post-324447","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/324447","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=324447"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/324447\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=324447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=324447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=324447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}