{"id":643297,"date":"2024-05-02T10:01:05","date_gmt":"2024-05-02T04:31:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=643297"},"modified":"2024-05-02T10:52:34","modified_gmt":"2024-05-02T05:22:34","slug":"go-first-lenders-mull-liquidation-after-recent-court-order-on-planes-say-sources","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/go-first-lenders-mull-liquidation-after-recent-court-order-on-planes-say-sources\/","title":{"rendered":"Go First lenders mull liquidation after recent court order on planes, say sources"},"content":{"rendered":"<p>Lenders to India\u2019s Go First are all set to meet this week to explore various options for the bankrupt airline, such as liquidation, following a court order that allowed lessors to reclaim their planes, two bankers with Go First\u2019s creditors stated on Tuesday. <\/p>\n<p>After the court\u2019s decision, the airline seems to have lost all its worth, and there\u2019s very little hope for it to bounce back, stated one of the banker <\/p>\n<p>Debt burden and creditor details <\/p>\n<p>The airline has debts amounting to 65.21 billion rupees ($780.88 million), owed to creditors such as Central Bank of India, Bank of Baroda, IDBI Bank, and Deutsche Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lenders to India\u2019s Go First are all set to meet this week to explore various options for the bankrupt airline, such as liquidation, following a court order that allowed lessors to reclaim their planes, two bankers with Go First\u2019s creditors stated on Tuesday. After the court\u2019s decision, the airline seems to have lost all its worth, and there\u2019s very little hope for it to bounce back, stated one of the banker Debt burden and creditor details The airline has debts amounting to 65.21 billion rupees ($780.88 million), owed to creditors such as Central Bank of India, Bank of Baroda, IDBI [&hellip;]<\/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":[196,130,138],"tags":[],"class_list":["post-643297","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/643297","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=643297"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/643297\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=643297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=643297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=643297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}