{"id":423818,"date":"2021-07-02T12:41:57","date_gmt":"2021-07-02T07:11:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=423818"},"modified":"2021-07-02T12:41:57","modified_gmt":"2021-07-02T07:11:57","slug":"jet-airways-creditors-set-to-recoup-just-5-of-monies-owed","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-creditors-set-to-recoup-just-5-of-monies-owed\/","title":{"rendered":"Jet Airways creditors set to recoup just 5% of monies owed"},"content":{"rendered":"<p>Lenders to Jet Airways NSE -4.98 % India Ltd. only stand to receive about 5% of what they\u2019re owed, another blow to banks in the nation that are growing increasingly accustomed to paltry recoveries.<\/p>\n<p>The new owners of Jet Airways &#8212; Dubai-based businessman Murari Lal Jalan and Kalrock Capital Management Ltd. in London &#8212; have proposed paying 3.8 billion rupees ($51 million) of the 78.1 billion rupees they owe to financial creditors, according to a bankruptcy tribunal order tabled late Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lenders to Jet Airways NSE -4.98 % India Ltd. only stand to receive about 5% of what they\u2019re owed, another blow to banks in the nation that are growing increasingly accustomed to paltry recoveries. The new owners of Jet Airways &#8212; Dubai-based businessman Murari Lal Jalan and Kalrock Capital Management Ltd. in London &#8212; have proposed paying 3.8 billion rupees ($51 million) of the 78.1 billion rupees they owe to financial creditors, according to a bankruptcy tribunal order tabled late Wednesday.<\/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-423818","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\/423818","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=423818"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/423818\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=423818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=423818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=423818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}