{"id":636261,"date":"2024-02-26T09:26:46","date_gmt":"2024-02-26T03:56:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=636261"},"modified":"2024-02-26T09:52:11","modified_gmt":"2024-02-26T04:22:11","slug":"go-first-gets-2-financial-bids-as-part-of-its-bankruptcy-process-bankers","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/go-first-gets-2-financial-bids-as-part-of-its-bankruptcy-process-bankers\/","title":{"rendered":"Go First gets 2 financial bids as part of its bankruptcy process: Bankers"},"content":{"rendered":"<p>India&#8217;s Go First has received two financial bids as part of its bankruptcy process, said two bankers who attended a meeting of the airline&#8217;s creditors held on Friday. <\/p>\n<p>Budget carrier SpiceJet&#8217;s managing director, Ajay Singh, and Busy Bee Airways have jointly submitted a bid of 16 billion rupees ($193.10 million) for the airline, the bankers said. <\/p>\n<p>&#8220;The plan includes additional fund infusion to restart the airline&#8217;s operations,&#8221; said a banker with a state-run bank that has exposure to Go First.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s Go First has received two financial bids as part of its bankruptcy process, said two bankers who attended a meeting of the airline&#8217;s creditors held on Friday. Budget carrier SpiceJet&#8217;s managing director, Ajay Singh, and Busy Bee Airways have jointly submitted a bid of 16 billion rupees ($193.10 million) for the airline, the bankers said. &#8220;The plan includes additional fund infusion to restart the airline&#8217;s operations,&#8221; said a banker with a state-run bank that has exposure to Go First.<\/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-636261","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\/636261","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=636261"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/636261\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=636261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=636261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=636261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}