{"id":276497,"date":"2019-05-29T06:16:14","date_gmt":"2019-05-29T06:16:14","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=276497"},"modified":"2019-05-29T06:16:14","modified_gmt":"2019-05-29T06:16:14","slug":"spicejet-net-jumps-22-to-rs-56-crore-in-march-quarter-cashes-in-on-higher-fares-after-jet-airways-grounding","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-net-jumps-22-to-rs-56-crore-in-march-quarter-cashes-in-on-higher-fares-after-jet-airways-grounding\/","title":{"rendered":"SpiceJet net jumps 22% to Rs 56 crore in March quarter, cashes in on higher fares after Jet Airways\u2019 grounding"},"content":{"rendered":"<p>SpiceJet on Tuesday reported a 22% year-on-year jump in net profit to `56 crore for the March quarter, cashing in on higher fares following rival Jet Airways\u2019 grounding.<\/p>\n<p>SpiceJet\u2019s share price closed up 2.1% on the BSE on Tuesday, having gained an impressive 51% since April.<\/p>\n<p>Although SpiceJet grounded 13 Boeing 737 Max aircraft over safety concerns since March 12, its operating revenues jumped 25% y-o-y to `2,531 crore, as it carried 13% more domestic passengers during Q4FY19 from a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet on Tuesday reported a 22% year-on-year jump in net profit to `56 crore for the March quarter, cashing in on higher fares following rival Jet Airways\u2019 grounding. SpiceJet\u2019s share price closed up 2.1% on the BSE on Tuesday, having gained an impressive 51% since April. Although SpiceJet grounded 13 Boeing 737 Max aircraft over safety concerns since March 12, its operating revenues jumped 25% y-o-y to `2,531 crore, as it carried 13% more domestic passengers during Q4FY19 from a year earlier.<\/p>\n","protected":false},"author":39,"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-276497","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\/276497","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=276497"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276497\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=276497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=276497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=276497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}