{"id":421864,"date":"2021-06-23T10:01:31","date_gmt":"2021-06-23T04:31:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=421864"},"modified":"2021-06-23T10:53:24","modified_gmt":"2021-06-23T05:23:24","slug":"jet-airways-revival-plan-gets-nclt-nod-shares-hit-5-upper-circuit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-revival-plan-gets-nclt-nod-shares-hit-5-upper-circuit\/","title":{"rendered":"Jet Airways revival plan gets NCLT nod, shares hit 5% upper circuit"},"content":{"rendered":"<p>Jet Airways can resume operations under a new owner more than two years after it collapsed, according to the National Company Law Tribunal (NCLT) on Tuesday. Jet Airways, once India\u2019s biggest private carrier, suspended operations in April 2019, due to financial distress and has been undergoing a resolution process under the Insolvency and Bankruptcy Code (IBC) since then. <\/p>\n<p>\u201cThey have to work together with the ministry officials and airports to obtain the slots. In some airports it may not be possible to operate the exact same slots,\u201d Ashish Chhawchharia, the court-appointed professional running the carrier\u2019s insolvency, told Bloomberg on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jet Airways can resume operations under a new owner more than two years after it collapsed, according to the National Company Law Tribunal (NCLT) on Tuesday. Jet Airways, once India\u2019s biggest private carrier, suspended operations in April 2019, due to financial distress and has been undergoing a resolution process under the Insolvency and Bankruptcy Code (IBC) since then. \u201cThey have to work together with the ministry officials and airports to obtain the slots. In some airports it may not be possible to operate the exact same slots,\u201d Ashish Chhawchharia, the court-appointed professional running the carrier\u2019s insolvency, told Bloomberg on Tuesday.<\/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":[184,141,130],"tags":[],"class_list":["post-421864","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/421864","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=421864"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/421864\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=421864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=421864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=421864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}