{"id":350627,"date":"2020-05-11T12:05:21","date_gmt":"2020-05-11T06:35:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=350627"},"modified":"2020-05-11T12:05:21","modified_gmt":"2020-05-11T06:35:21","slug":"vistara-trying-to-retain-jobs-cut-spending-chairman-bhaskar-bhat","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vistara-trying-to-retain-jobs-cut-spending-chairman-bhaskar-bhat\/","title":{"rendered":"Vistara trying to retain jobs &amp; cut spending: Chairman Bhaskar Bhat"},"content":{"rendered":"<p>MUMBAI: Vistara&#8217;s balance-sheet is \u201creasonably good\u201d in terms of liquidity and there is no pressing need for any immediate fund infusion by Tata Sons, said Bhaskar Bhat, the chairman of Tata SIA Airlines that operates the airline.<\/p>\n<p>Vistara is focusing on conserving cash and tackling business on a day-to-day basis amid the Covid-19 crisis and lockdown, and is keeping its employees well informed about its moves, Bhat told ET.<\/p>\n<p>&#8220;At the moment we are doing all we can to holding onto their jobs and cutting as much cash outgo as possible. Like all airlines, we are also in regular touch with the government on the on-ground situation and reopening of travel permissions keeping customer safety and precautions in mind,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Vistara&#8217;s balance-sheet is \u201creasonably good\u201d in terms of liquidity and there is no pressing need for any immediate fund infusion by Tata Sons, said Bhaskar Bhat, the chairman of Tata SIA Airlines that operates the airline. Vistara is focusing on conserving cash and tackling business on a day-to-day basis amid the Covid-19 crisis and lockdown, and is keeping its employees well informed about its moves, Bhat told ET. &#8220;At the moment we are doing all we can to holding onto their jobs and cutting as much cash outgo as possible. Like all airlines, we are also in regular touch [&hellip;]<\/p>\n","protected":false},"author":39,"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-350627","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\/350627","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=350627"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350627\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=350627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=350627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=350627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}