{"id":350345,"date":"2020-05-08T11:21:38","date_gmt":"2020-05-08T05:51:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=350345"},"modified":"2020-05-08T11:21:38","modified_gmt":"2020-05-08T05:51:38","slug":"aviation-industry-to-crash-land-this-fiscal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aviation-industry-to-crash-land-this-fiscal\/","title":{"rendered":"Aviation industry to crash-land this fiscal"},"content":{"rendered":"<p>The extended lockdown has stalled traffic on the ground and air. According to Crisil estimates, the aviation industry will crash-land this fiscal with revenue loss of Rs 24,000-25,000 crore during the April-June quarter.<\/p>\n<p>Airlines will be the worst-affected, contributing more than 70% of the losses, or Rs 17,000 crore, followed by airport operators with Rs 5,000-5,500 crore, and airport retailers (including retail, food and beverages and duty-free) with Rs 1,700-1,800 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The extended lockdown has stalled traffic on the ground and air. According to Crisil estimates, the aviation industry will crash-land this fiscal with revenue loss of Rs 24,000-25,000 crore during the April-June quarter. Airlines will be the worst-affected, contributing more than 70% of the losses, or Rs 17,000 crore, followed by airport operators with Rs 5,000-5,500 crore, and airport retailers (including retail, food and beverages and duty-free) with Rs 1,700-1,800 crore.<\/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":[196,130,138],"tags":[],"class_list":["post-350345","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\/350345","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=350345"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350345\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=350345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=350345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=350345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}