{"id":324196,"date":"2020-01-27T12:46:38","date_gmt":"2020-01-27T07:16:38","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=324196"},"modified":"2020-01-27T12:46:38","modified_gmt":"2020-01-27T07:16:38","slug":"air-india-trims-losses-by-40-in-run-up-to-disinvestment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-trims-losses-by-40-in-run-up-to-disinvestment\/","title":{"rendered":"Air India trims losses by 40% in run-up to disinvestment"},"content":{"rendered":"<p>New Delhi: Air India Ltd narrowed its operational losses between April and December by over 40%, ahead of the planned sale of the state-run carrier, which is expected to kick off next week, two senior airline officials said on Friday.<\/p>\n<p>The reduction in losses was the outcome of a lower interest burden after half of Air India\u2019s debt was transferred to a Special Purpose Vehicle (SPV), as well as better operational performance, one of the officials said.<\/p>\n<p>Operational losses in the April-December 2019 period stood at \u20b91,045 crore, down from \u20b91,960 crore in the same period of the previous year, the first official said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Air India Ltd narrowed its operational losses between April and December by over 40%, ahead of the planned sale of the state-run carrier, which is expected to kick off next week, two senior airline officials said on Friday. The reduction in losses was the outcome of a lower interest burden after half of Air India\u2019s debt was transferred to a Special Purpose Vehicle (SPV), as well as better operational performance, one of the officials said. Operational losses in the April-December 2019 period stood at \u20b91,045 crore, down from \u20b91,960 crore in the same period of the previous year, [&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-324196","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\/324196","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=324196"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/324196\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=324196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=324196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=324196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}