{"id":337916,"date":"2020-02-18T11:45:22","date_gmt":"2020-02-18T06:15:22","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=337916"},"modified":"2020-02-18T12:31:03","modified_gmt":"2020-02-18T07:01:03","slug":"spicejet-lands-roughly-on-some-counts-in-december-quarter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-lands-roughly-on-some-counts-in-december-quarter\/","title":{"rendered":"SpiceJet lands roughly on some counts in December quarter"},"content":{"rendered":"<p>At first glance, SpiceJet\u2019s December quarter (Q3) net profit of \u20b973 crore looks impressive. A Bloomberg poll of analysts was expecting the airline to report a profit of \u20b957.6 crore.<\/p>\n<p>But a closer look at the numbers reveals some concerns. For one, its yield\u2014a measure of pricing for airlines\u2014has declined by 7% year-on-year. In contrast, market leader InterGlobe Aviation Ltd, which runs IndiGo, saw 1% yield growth for Q3.<\/p>\n<p>Analysts at SBICAP Securities Ltd said in a report on 14 February: \u201cDeployment of capacity on highly competitive erstwhile Jet Airways routes, coupled with weakness in demand has resulted in a 7% decline in yields for SpiceJet.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At first glance, SpiceJet\u2019s December quarter (Q3) net profit of \u20b973 crore looks impressive. A Bloomberg poll of analysts was expecting the airline to report a profit of \u20b957.6 crore. But a closer look at the numbers reveals some concerns. For one, its yield\u2014a measure of pricing for airlines\u2014has declined by 7% year-on-year. In contrast, market leader InterGlobe Aviation Ltd, which runs IndiGo, saw 1% yield growth for Q3. Analysts at SBICAP Securities Ltd said in a report on 14 February: \u201cDeployment of capacity on highly competitive erstwhile Jet Airways routes, coupled with weakness in demand has resulted in a [&hellip;]<\/p>\n","protected":false},"author":40,"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-337916","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\/337916","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=337916"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337916\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=337916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=337916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=337916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}