{"id":291664,"date":"2019-09-16T05:47:21","date_gmt":"2019-09-16T05:47:21","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291664"},"modified":"2019-09-16T05:47:21","modified_gmt":"2019-09-16T05:47:21","slug":"air-india-posts-%e2%82%b94600-crore-operating-loss-in-2018-19","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-posts-%e2%82%b94600-crore-operating-loss-in-2018-19\/","title":{"rendered":"Air India posts \u20b94,600 crore operating loss in 2018-19"},"content":{"rendered":"<p>New Delhi: Air India posted an operating loss of around \u20b94,600 crore in the last financial year mainly due to higher oil prices and foreign exchange losses but the debt-laden carrier expects to turn operationally profitable in 2019-20, according to senior officials.<\/p>\n<p>Reflecting tough business conditions, the airline&#8217;s net loss stood at about \u20b98,400 crore while total revenues touched around \u20b926,400 crore in 2018-19, one of the senior officials told PTI.<\/p>\n<p>Another senior official said the airline is projected to post an operating profit of \u20b9700 to 800 crore in 2019-20, provided oil prices do not shoot up significantly and there is no steep fluctuation in foreign exchange rates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Air India posted an operating loss of around \u20b94,600 crore in the last financial year mainly due to higher oil prices and foreign exchange losses but the debt-laden carrier expects to turn operationally profitable in 2019-20, according to senior officials. Reflecting tough business conditions, the airline&#8217;s net loss stood at about \u20b98,400 crore while total revenues touched around \u20b926,400 crore in 2018-19, one of the senior officials told PTI. Another senior official said the airline is projected to post an operating profit of \u20b9700 to 800 crore in 2019-20, provided oil prices do not shoot up significantly and [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-291664","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291664","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291664"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291664\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}