{"id":297356,"date":"2019-10-21T15:39:05","date_gmt":"2019-10-21T10:09:05","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=297356"},"modified":"2020-05-06T16:30:00","modified_gmt":"2020-05-06T11:00:00","slug":"air-india-6","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-6\/","title":{"rendered":"Air India"},"content":{"rendered":"<p>Air India has posted an operating loss of around Rs 4,600 cr in the last financial year mainly due to higher oil prices and foreign exchange losses. The airline&#8217;s net loss stood at about Rs 8,400 cr while total revenues touched around Rs 26,400 cr in 2018-19.<\/p>\n<p>The airline is projected to post an operating profit of Rs 700-800 cr in 2019-20, provided oil prices do not shoot up significantly and there is no steep fluctuation in foreign exchange rates. However, the airline incurred an operating loss of Rs 175-200 cr in the three months ended June as closure of Pakistan airspace for Indian carriers resulted in higher costs and caused a daily loss of Rs 3-4 cr when the restrictions were in place.<\/p>\n<p><a href=\"https:\/\/livemedia.press\/product-category\/subscribe-il\/?v=56b5fbba0fe8\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\" alignright\" src=\"http:\/\/telecomlive.in\/web\/wp-content\/uploads\/2015\/05\/read-more.gif\" alt=\"http:\/\/telecomlive.in\/web\/wp-content\/uploads\/2015\/05\/read-more.gif\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Air India has posted an operating loss of around Rs 4,600 cr in the last financial year mainly due to higher oil prices and foreign exchange losses. The airline&#8217;s net loss stood at about Rs 8,400 cr while total revenues touched around Rs 26,400 cr in 2018-19. The airline is projected to post an operating profit of Rs 700-800 cr in 2019-20, provided oil prices do not shoot up significantly and there is no steep fluctuation in foreign exchange rates. However, the airline incurred an operating loss of Rs 175-200 cr in the three months ended June as closure of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":297357,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[119],"tags":[],"class_list":["post-297356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magazinenews"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297356","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=297356"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media\/297357"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=297356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=297356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=297356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}