{"id":305664,"date":"2019-12-16T10:50:17","date_gmt":"2019-12-16T05:20:17","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=305664"},"modified":"2019-12-16T10:50:17","modified_gmt":"2019-12-16T05:20:17","slug":"indian-airlines-likely-to-post-loss-of-over-over-%e2%82%b94230-crore-this-fiscal-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-airlines-likely-to-post-loss-of-over-over-%e2%82%b94230-crore-this-fiscal-report\/","title":{"rendered":"Indian airlines likely to post loss of over over \u20b94,230 crore this fiscal: Report"},"content":{"rendered":"<p>NEW DELHI : Indian carriers are estimated to report a consolidated net loss of over $600 million (over \u20b94,230 crore) in 2019-20, according to aviation consultancy CAPA as it downgraded its full-year profitability projection made in June.<\/p>\n<p>In June, it projected a consolidated net profit of $500-700 million in the optimistic case.<\/p>\n<p>Currently, there are four budget carriers and two full service airlines &#8212; IndiGo, GoAir, SpiceJet, AirAsia India, Vistara and Air India.<\/p>\n<p>In its quarterly market update report on aviation outlook FY2020, CAPA India said it is the &#8220;most significant downgrade within one quarter in more than 16 years&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : Indian carriers are estimated to report a consolidated net loss of over $600 million (over \u20b94,230 crore) in 2019-20, according to aviation consultancy CAPA as it downgraded its full-year profitability projection made in June. In June, it projected a consolidated net profit of $500-700 million in the optimistic case. Currently, there are four budget carriers and two full service airlines &#8212; IndiGo, GoAir, SpiceJet, AirAsia India, Vistara and Air India. In its quarterly market update report on aviation outlook FY2020, CAPA India said it is the &#8220;most significant downgrade within one quarter in more than 16 years&#8221;.<\/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-305664","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\/305664","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=305664"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305664\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=305664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=305664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=305664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}