{"id":651680,"date":"2025-11-07T08:35:26","date_gmt":"2025-11-07T03:05:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=651680"},"modified":"2025-11-07T09:53:56","modified_gmt":"2025-11-07T04:23:56","slug":"lenders-slash-go-first-land-price-in-fresh-recovery-bid","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lenders-slash-go-first-land-price-in-fresh-recovery-bid\/","title":{"rendered":"Lenders slash Go First land price in fresh recovery bid"},"content":{"rendered":"<p>MUMBAI: Lenders to the defunct Go First Airlines, led by Central Bank of India, are making a third attempt to recover some dues from the company&#8217;s 94-acre land parcel in Thane even as arbitration proceedings, initiated by the erstwhile airline owners and pursued by the lenders, against engine maker Pratt &amp; Whitney (P&amp;W) continue. <\/p>\n<p>Lenders have set a reserve price of Rs 1,604 crore, down 10% from Rs 1,782 crore set in their last attempt in March this year, documents accessed by ET showed. Go First owes creditors more than Rs 6,200 crore in aggregate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Lenders to the defunct Go First Airlines, led by Central Bank of India, are making a third attempt to recover some dues from the company&#8217;s 94-acre land parcel in Thane even as arbitration proceedings, initiated by the erstwhile airline owners and pursued by the lenders, against engine maker Pratt &amp; Whitney (P&amp;W) continue. Lenders have set a reserve price of Rs 1,604 crore, down 10% from Rs 1,782 crore set in their last attempt in March this year, documents accessed by ET showed. Go First owes creditors more than Rs 6,200 crore in aggregate.<\/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":[192,130,136],"tags":[],"class_list":["post-651680","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\/651680","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=651680"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/651680\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=651680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=651680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=651680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}