{"id":346900,"date":"2020-04-16T09:51:40","date_gmt":"2020-04-16T04:21:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=346900"},"modified":"2020-04-16T09:55:15","modified_gmt":"2020-04-16T04:25:15","slug":"lockdown-vistara-defers-payments-to-some-suppliers-says-internal-memo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lockdown-vistara-defers-payments-to-some-suppliers-says-internal-memo\/","title":{"rendered":"Lockdown: Vistara defers payments to some suppliers, says internal memo"},"content":{"rendered":"<p>Indian air carrier Vistara has negotiated a reduction and deferment of payments to some suppliers to conserve cash, the airline&#8217;s CEO said in an internal memo, after the government extended India&#8217;s lockdown to contain the coronavirus (Covid-19). <\/p>\n<p>The coronavirus pandemic has brought air travel to a virtual standstill, with many airline fleets grounded and no visibility on when travel restrictions will be eased. <\/p>\n<p>Prime Minister Narendra Modi on Tuesday extended India&#8217;s nationwide lockdown &#8211; which began on March 25 &#8211; until May 3. <\/p>\n<p>In an email to employees, Vistara CEO Leslie Thng said it was of &#8220;paramount importance&#8221; to do everything possible to conserve cash.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian air carrier Vistara has negotiated a reduction and deferment of payments to some suppliers to conserve cash, the airline&#8217;s CEO said in an internal memo, after the government extended India&#8217;s lockdown to contain the coronavirus (Covid-19). The coronavirus pandemic has brought air travel to a virtual standstill, with many airline fleets grounded and no visibility on when travel restrictions will be eased. Prime Minister Narendra Modi on Tuesday extended India&#8217;s nationwide lockdown &#8211; which began on March 25 &#8211; until May 3. In an email to employees, Vistara CEO Leslie Thng said it was of &#8220;paramount importance&#8221; to do [&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":[135,167,130],"tags":[],"class_list":["post-346900","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346900","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=346900"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346900\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=346900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=346900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=346900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}