{"id":539279,"date":"2022-11-29T12:15:34","date_gmt":"2022-11-29T06:45:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=539279"},"modified":"2022-11-29T13:23:06","modified_gmt":"2022-11-29T07:53:06","slug":"jet-airways-may-not-get-out-of-bankruptcy-anytime-soon-heres-why","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-may-not-get-out-of-bankruptcy-anytime-soon-heres-why\/","title":{"rendered":"Jet Airways may not get out of bankruptcy anytime soon. Here&#8217;s why"},"content":{"rendered":"<p>Jet Airways&#8217; creditors and its new owners are deadlocked over a resolution plan to lift the Indian airline out of bankruptcy, putting its future in limbo, four sources said.<\/p>\n<p>Creditors may approach India&#8217;s aviation ministry to seek approval to liquidate Jet&#8217;s assets if there is no resolution on Tuesday in a critical court hearing, a senior banker said.<\/p>\n<p>&#8220;There are concerns the resolution plan may fall apart so we are looking to see if we can at least get something out of this deal via the liquidation route,&#8221; the banker, who has direct knowledge of the matter, told Reuters on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jet Airways&#8217; creditors and its new owners are deadlocked over a resolution plan to lift the Indian airline out of bankruptcy, putting its future in limbo, four sources said. Creditors may approach India&#8217;s aviation ministry to seek approval to liquidate Jet&#8217;s assets if there is no resolution on Tuesday in a critical court hearing, a senior banker said. &#8220;There are concerns the resolution plan may fall apart so we are looking to see if we can at least get something out of this deal via the liquidation route,&#8221; the banker, who has direct knowledge of the matter, told Reuters on [&hellip;]<\/p>\n","protected":false},"author":44,"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-539279","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\/539279","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=539279"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539279\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=539279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=539279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=539279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}