{"id":372344,"date":"2020-09-08T08:40:48","date_gmt":"2020-09-08T03:10:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=372344"},"modified":"2020-09-08T09:03:43","modified_gmt":"2020-09-08T03:33:43","slug":"difficult-to-avail-loan-restructuring-under-kamath-panel-airline-execs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/difficult-to-avail-loan-restructuring-under-kamath-panel-airline-execs\/","title":{"rendered":"Difficult to avail loan restructuring under Kamath panel: Airline execs"},"content":{"rendered":"<p>Recommendations of the K V Kamath panel for Covid-related stress have failed to enthuse airlines, with industry executives and experts saying the sector doesn\u2019t stand to benefit from the same. The very high parameter set in the resolution framework is a huge challenge, they said. <\/p>\n<p>The committee has advised lending institutions to mandatorily keep five key ratios in mind while framing resolution plans \u2014 total outstanding liabilities to adjusted tangible net worth; total debt to Ebitda; current ratio; debt service coverage ratio; and average debt service coverage ratio. <\/p>\n<p>For any airline to be eligible for restructuring, the current ratio has to be equal to or higher than 0.4, while \u2018debt to Ebitda\u2019 has to be equal to or less than 5.5.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recommendations of the K V Kamath panel for Covid-related stress have failed to enthuse airlines, with industry executives and experts saying the sector doesn\u2019t stand to benefit from the same. The very high parameter set in the resolution framework is a huge challenge, they said. The committee has advised lending institutions to mandatorily keep five key ratios in mind while framing resolution plans \u2014 total outstanding liabilities to adjusted tangible net worth; total debt to Ebitda; current ratio; debt service coverage ratio; and average debt service coverage ratio. For any airline to be eligible for restructuring, the current ratio has [&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-372344","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\/372344","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=372344"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/372344\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=372344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=372344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=372344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}