{"id":365435,"date":"2020-07-30T09:57:35","date_gmt":"2020-07-30T04:27:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=365435"},"modified":"2020-07-30T10:05:56","modified_gmt":"2020-07-30T04:35:56","slug":"jet-airways-loss-widens-to-rs-5536-crore-in-2018-19-over-surge-in-expenses","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-loss-widens-to-rs-5536-crore-in-2018-19-over-surge-in-expenses\/","title":{"rendered":"Jet Airways loss widens to Rs 5,536 crore in 2018-19 over surge in expenses"},"content":{"rendered":"<p>Jet Airways, which is undergoing insolvency resolution process, has reported widening of loss to Rs 5,535.75 crore in the year ended March 2019 as surge in expenses took a toll. <\/p>\n<p>The full service carrier, which shuttered operations in April last year, had a loss of Rs 766.13 crore. These figures are for standalone comprehensive losses. <\/p>\n<p>In 2018-19, the airline&#8217;s total income declined to Rs 23,314.11 crore from Rs 23,958.37 crore in the year-ago fiscal, according to a regulatory filing. <\/p>\n<p>Pushed by higher fuel costs, the total expenses surged to Rs 28,141.61 crore in 2018-19. <\/p>\n<p>After stopping operations on April 18, the airline went into Corporate Insolvency Resolution Process (CIRP) in June 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jet Airways, which is undergoing insolvency resolution process, has reported widening of loss to Rs 5,535.75 crore in the year ended March 2019 as surge in expenses took a toll. The full service carrier, which shuttered operations in April last year, had a loss of Rs 766.13 crore. These figures are for standalone comprehensive losses. In 2018-19, the airline&#8217;s total income declined to Rs 23,314.11 crore from Rs 23,958.37 crore in the year-ago fiscal, according to a regulatory filing. Pushed by higher fuel costs, the total expenses surged to Rs 28,141.61 crore in 2018-19. After stopping operations on April 18, [&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":[135,167,130],"tags":[],"class_list":["post-365435","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365435","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=365435"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365435\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=365435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=365435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=365435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}