{"id":342400,"date":"2020-03-19T11:07:03","date_gmt":"2020-03-19T05:37:03","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=342400"},"modified":"2020-03-19T11:07:03","modified_gmt":"2020-03-19T05:37:03","slug":"indian-carriers-may-ground-150-planes-stare-at-quarterly-loss-on-coronavirus-impact-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-carriers-may-ground-150-planes-stare-at-quarterly-loss-on-coronavirus-impact-report\/","title":{"rendered":"Indian carriers may ground 150 planes; stare at quarterly loss on coronavirus impact: Report"},"content":{"rendered":"<p>All Indian airlines will report significant losses in the first quarter of this year and may initially ground around 150 planes as the shock from the coronavirus pandemic will be &#8220;far deeper and much longer&#8221;, according to a report. Aviation advisory firm CAPA India on Wednesday said even before COVID-19 (coronavirus) appeared on the scene, most Indian carriers already had very strained balance sheets and almost no liquidity.<\/p>\n<p>&#8220;This latest shock will once again expose the vulnerability of India&#8217;s aviation system as happened during the fuel price spike in 2008. But on that occasion the shock was short-lived, even if its impact reverberated for several years. This time, the shock itself will be far deeper and much longer,&#8221; it said in a report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All Indian airlines will report significant losses in the first quarter of this year and may initially ground around 150 planes as the shock from the coronavirus pandemic will be &#8220;far deeper and much longer&#8221;, according to a report. Aviation advisory firm CAPA India on Wednesday said even before COVID-19 (coronavirus) appeared on the scene, most Indian carriers already had very strained balance sheets and almost no liquidity. &#8220;This latest shock will once again expose the vulnerability of India&#8217;s aviation system as happened during the fuel price spike in 2008. But on that occasion the shock was short-lived, even if [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-342400","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/342400","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=342400"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/342400\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=342400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=342400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=342400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}