{"id":362054,"date":"2020-07-09T11:01:19","date_gmt":"2020-07-09T05:31:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=362054"},"modified":"2020-07-09T11:49:50","modified_gmt":"2020-07-09T06:19:50","slug":"indigo-may-report-rs-2670-crore-loss-for-june-quarter-spicejet-losses-likely-to-be-at-rs-1000-crore-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-may-report-rs-2670-crore-loss-for-june-quarter-spicejet-losses-likely-to-be-at-rs-1000-crore-report\/","title":{"rendered":"IndiGo may report Rs 2,670 crore loss for June quarter, SpiceJet losses likely to be at Rs 1,000 crore: Report"},"content":{"rendered":"<p>Mumbai: Budget carrier IndiGoNSE -1.03 % is expected to report a loss of Rs 2,670 crore for the June 2020 quarter, while its rival SpiceJetNSE -1.18 %&#8217;s losses during the quarter are likely to be at around Rs 1,000 crore, owing to operational disruptions and low fixed cost coverage, a report said on Wednesday.<\/p>\n<p>Regular operations of the domestic airlines remained shut between March 25 and May 24 on account of a nationwide lockdown to curb the spread of the coronavirus pandemic. The government allowed partial (one-third capacity) resumption of domestic commercial passenger flight services from May 25. The international operations, which were suspended from March 22, will however, remain grounded till at least July 31.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Budget carrier IndiGoNSE -1.03 % is expected to report a loss of Rs 2,670 crore for the June 2020 quarter, while its rival SpiceJetNSE -1.18 %&#8217;s losses during the quarter are likely to be at around Rs 1,000 crore, owing to operational disruptions and low fixed cost coverage, a report said on Wednesday. Regular operations of the domestic airlines remained shut between March 25 and May 24 on account of a nationwide lockdown to curb the spread of the coronavirus pandemic. The government allowed partial (one-third capacity) resumption of domestic commercial passenger flight services from May 25. The international [&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":[192,130,136],"tags":[],"class_list":["post-362054","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\/362054","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=362054"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/362054\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=362054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=362054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=362054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}