{"id":341018,"date":"2020-03-09T12:00:28","date_gmt":"2020-03-09T06:30:28","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=341018"},"modified":"2020-03-09T12:30:07","modified_gmt":"2020-03-09T07:00:07","slug":"near-the-end-of-the-road-for-jet-airways-says-grant-thornton-ceo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/near-the-end-of-the-road-for-jet-airways-says-grant-thornton-ceo\/","title":{"rendered":"Near the end of the road for Jet Airways, says Grant Thornton CEO"},"content":{"rendered":"<p>Grant Thornton\u2019s CEO, Vishesh C Chandiok, has tweeted that it is probably \u201cnear the end of the road\u201d for the debt-strapped Jet Airways.<\/p>\n<p>Jet Airways temporarily shut operations in April 2019 and was dragged to the insolvency court on June 20, 2019, by Jet\u2019s lenders over unpaid dues.<\/p>\n<p>The advisory firm&#8217;s Ashish Chhawchharia was appointed as the Resolution Professional (RP) by Jet\u2019s lenders.<\/p>\n<p>On Saturday afternoon, Vishesh C Chandiok, Grant Thornton\u2019s CEO in a tweet apologised to the grounded airline\u2019s employees, \u201cI\u2019m sorry to report but I fear we are very near the end of the road for #JetAirways- the proverbial \u2018chicken or egg\u2019 is what killed the airline- my apologies to all the employees in particular that we @GrantThorntonIN couldn\u2019t do better for you.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grant Thornton\u2019s CEO, Vishesh C Chandiok, has tweeted that it is probably \u201cnear the end of the road\u201d for the debt-strapped Jet Airways. Jet Airways temporarily shut operations in April 2019 and was dragged to the insolvency court on June 20, 2019, by Jet\u2019s lenders over unpaid dues. The advisory firm&#8217;s Ashish Chhawchharia was appointed as the Resolution Professional (RP) by Jet\u2019s lenders. On Saturday afternoon, Vishesh C Chandiok, Grant Thornton\u2019s CEO in a tweet apologised to the grounded airline\u2019s employees, \u201cI\u2019m sorry to report but I fear we are very near the end of the road for #JetAirways- the [&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-341018","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341018","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=341018"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341018\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=341018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=341018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=341018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}