{"id":303478,"date":"2019-11-29T12:38:08","date_gmt":"2019-11-29T07:08:08","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=303478"},"modified":"2019-11-29T12:38:08","modified_gmt":"2019-11-29T07:08:08","slug":"high-fuel-costs-forex-rate-variation-led-to-rs-4685-crore-loss-for-air-india-in-fy19-govt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/high-fuel-costs-forex-rate-variation-led-to-rs-4685-crore-loss-for-air-india-in-fy19-govt\/","title":{"rendered":"High fuel costs, forex rate variation led to Rs 4,685 crore loss for Air India in FY19: Govt"},"content":{"rendered":"<p>Increase in fuel costs and impact of foreign exchange rate variation were two major reasons for Air India\u2019s operating loss of Rs 4,685 crore in 2018-19, Civil Aviation Minister Hardeep Singh Puri said on Thursday.\u201dAviation Turbine Fuel (ATF) costs increased from Rs 7,363 crore in 2017-18 to Rs 10,034 crore in 2018-19 i.e. an increase of almost 28.9 per cent in fuel rates over the previous year,\u201d Puri said in a written reply to a question in Lok Sabha.<\/p>\n<p>\u201cThe impact of exchange rate variation led to an increase in expenses from Rs 31 crore in 2017-18 to Rs 772 crore in 2018-19,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Increase in fuel costs and impact of foreign exchange rate variation were two major reasons for Air India\u2019s operating loss of Rs 4,685 crore in 2018-19, Civil Aviation Minister Hardeep Singh Puri said on Thursday.\u201dAviation Turbine Fuel (ATF) costs increased from Rs 7,363 crore in 2017-18 to Rs 10,034 crore in 2018-19 i.e. an increase of almost 28.9 per cent in fuel rates over the previous year,\u201d Puri said in a written reply to a question in Lok Sabha. \u201cThe impact of exchange rate variation led to an increase in expenses from Rs 31 crore in 2017-18 to Rs 772 [&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":[196,130,138],"tags":[],"class_list":["post-303478","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\/303478","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=303478"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303478\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=303478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=303478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=303478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}