{"id":285222,"date":"2019-07-31T04:58:37","date_gmt":"2019-07-31T04:58:37","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=285222"},"modified":"2019-07-31T04:58:37","modified_gmt":"2019-07-31T04:58:37","slug":"air-india-express-posts-rs-169-crores-profit-in-2018-19","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-express-posts-rs-169-crores-profit-in-2018-19\/","title":{"rendered":"Air India Express posts Rs 169 crores profit in 2018-19"},"content":{"rendered":"<p>Net profits of Air India Express fell 35% year-on-year to Rs 169 crore in 2018-19 due to high fuel costs, the airline said on Tuesday.<\/p>\n<p>AI Express, a subsidiary of national carrier Air India, had reported Rs 261 crore profit in FY18. The low-cost carrier\u2019s total revenues grew 16% y-o-y to Rs 4,202 crore as it carried 12% more passengers on its flights. Around 4.36 million passengers flew on AI Express\u2019 flights in FY19 as compared to Rs 3.89 million in 2017-18.<\/p>\n<p>This is the fourth-successive year during which AIEL has reported net profits. AI Express\u2019 profits in FY16 and FY17 stood at Rs 362 crore and Rs 297 crore, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Net profits of Air India Express fell 35% year-on-year to Rs 169 crore in 2018-19 due to high fuel costs, the airline said on Tuesday. AI Express, a subsidiary of national carrier Air India, had reported Rs 261 crore profit in FY18. The low-cost carrier\u2019s total revenues grew 16% y-o-y to Rs 4,202 crore as it carried 12% more passengers on its flights. Around 4.36 million passengers flew on AI Express\u2019 flights in FY19 as compared to Rs 3.89 million in 2017-18. This is the fourth-successive year during which AIEL has reported net profits. AI Express\u2019 profits in FY16 and [&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":[196,130,138],"tags":[],"class_list":["post-285222","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\/285222","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=285222"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285222\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=285222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=285222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=285222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}