{"id":539312,"date":"2022-11-29T12:33:57","date_gmt":"2022-11-29T07:03:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=539312"},"modified":"2022-11-29T13:48:35","modified_gmt":"2022-11-29T08:18:35","slug":"jet-air-lenders-new-owners-lock-horns-puts-its-future-in-limbo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-air-lenders-new-owners-lock-horns-puts-its-future-in-limbo\/","title":{"rendered":"Jet Air lenders, new owners lock horns, puts its future in limbo"},"content":{"rendered":"<p>Jet Airways\u2019 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\u2019s aviation ministry to seek approval to liquidate Jet\u2019s assets if there is no resolution on Tuesday in a critical court hearing, a senior banker said.<\/p>\n<p>\u201cThere 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,\u201d the banker, who has direct knowledge of the matter, told Reuters on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jet Airways\u2019 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\u2019s aviation ministry to seek approval to liquidate Jet\u2019s assets if there is no resolution on Tuesday in a critical court hearing, a senior banker said. \u201cThere 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,\u201d 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":[216,130,148],"tags":[],"class_list":["post-539312","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539312","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=539312"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539312\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=539312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=539312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=539312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}