{"id":276513,"date":"2019-05-29T06:16:37","date_gmt":"2019-05-29T06:16:37","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=276513"},"modified":"2019-05-29T06:16:37","modified_gmt":"2019-05-29T06:16:37","slug":"spicejet-has-to-review-business-class-model-says-cfo-kiran-koteshwar","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-has-to-review-business-class-model-says-cfo-kiran-koteshwar\/","title":{"rendered":"SpiceJet has to review business class model, says CFO Kiran Koteshwar"},"content":{"rendered":"<p>SpiceJet will review its plan to continue with its business class offering, SpiceBiz, from August as it focusses on its low-cost model. FE\u2019s Arun Nayal spoke to SpiceJet\u2019s CFO Kiran Koteshwar about the airline\u2019s Q4 results and gains from Jet\u2019s grounding.<\/p>\n<p>What was the benefit from Jet Airways\u2019 grounding during Q4FY19?<\/p>\n<p>We could not get much benefit of Jet\u2019s grounding because of our Boeing 737 Max grounding. We did not have the opportunity to increase the fares as our inventory was getting consumed by the cancelled flights.<br \/>\nHow much did the yields increase in the quarter?<\/p>\n<p>Yields were up by 11% year-on-year for Q4FY19.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet will review its plan to continue with its business class offering, SpiceBiz, from August as it focusses on its low-cost model. FE\u2019s Arun Nayal spoke to SpiceJet\u2019s CFO Kiran Koteshwar about the airline\u2019s Q4 results and gains from Jet\u2019s grounding. What was the benefit from Jet Airways\u2019 grounding during Q4FY19? We could not get much benefit of Jet\u2019s grounding because of our Boeing 737 Max grounding. We did not have the opportunity to increase the fares as our inventory was getting consumed by the cancelled flights. How much did the yields increase in the quarter? Yields were up by [&hellip;]<\/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":[192,130,136],"tags":[],"class_list":["post-276513","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\/276513","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=276513"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276513\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=276513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=276513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=276513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}