{"id":37871,"date":"2018-07-31T12:26:47","date_gmt":"2018-07-31T12:26:47","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=37871"},"modified":"2018-07-31T12:26:47","modified_gmt":"2018-07-31T12:26:47","slug":"air-india-gets-default-notices-from-banks-aircraft-lessors","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/air-india-gets-default-notices-from-banks-aircraft-lessors\/","title":{"rendered":"Air India gets default notices from banks, aircraft lessors"},"content":{"rendered":"<p>New Delhi<br \/>\nDebt-ridden Air India is expected to get additional funding of over Rs 2,000 soon with the government set to put forward the supplementary demands for grants for 2018-19, which would also help the airline run its affairs while paying off some dues to the lessors.<\/p>\n<p>As per reports, Air India owes around Rs 1,800 crore to its vendors, including lessors and banks, which have demanded payment from it, after the government\u2019s unsuccessful efforts to find a buyer for the national carrier.<\/p>\n<p>The reports said three banks and two aircraft leasing firms have already served default notices on Air India over the past few weeks.<\/p>\n<p>Demand for additional grants for the state-owned airline, which was to go under the hammer, would be part of the additional supplementary grants, which the Centre would seek from Parliament during the ongoing budget session.<\/p>\n<p>The government had put May 31 as the last date for receiving bids for selling 76% stake in the airline, but did not receive any bid.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>New Delhi Debt-ridden Air India is expected to get additional funding of over Rs 2,000 soon with the government set to put forward the supplementary demands for grants for 2018-19, which would also help the airline run its affairs while paying off some dues to the lessors. As per reports, Air India owes around Rs [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":37872,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-37871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/37871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=37871"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/37871\/revisions"}],"predecessor-version":[{"id":37873,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/37871\/revisions\/37873"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/37872"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=37871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=37871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=37871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}