{"id":365553,"date":"2020-07-30T11:51:19","date_gmt":"2020-07-30T06:21:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=365553"},"modified":"2020-07-30T11:51:19","modified_gmt":"2020-07-30T06:21:19","slug":"stung-by-lockdown-spicejet-posts-net-loss-of-%e2%82%b9807-crore-in-q4","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/stung-by-lockdown-spicejet-posts-net-loss-of-%e2%82%b9807-crore-in-q4\/","title":{"rendered":"Stung by lockdown, SpiceJet posts net loss of \u20b9807 crore in Q4"},"content":{"rendered":"<p>New Delhi: Budget carrier SpiceJet on Wednesday reported a net loss of \u20b9807.1 crore for the fourth quarter ended March 2020, owing to the coronavirus-induced lockdown that led to travel restrictions.<\/p>\n<p>It had posted a net profit of \u20b956.3 crore in the corresponding quarter of the previous financial year, the airline said in a statement. For the full financial year 2019-20, its net loss stood at \u20b9934.8 crore as against a net loss of \u20b9316.1 crore in 2018-19.<\/p>\n<p>The airline in the statement also informed that its Chief Financial Officer Kiran Koteshwar has resigned and &#8220;decided to pursue an exciting opportunity overseas&#8221;. He will remain with SpiceJet till August 31 and for a transition thereafter, it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Budget carrier SpiceJet on Wednesday reported a net loss of \u20b9807.1 crore for the fourth quarter ended March 2020, owing to the coronavirus-induced lockdown that led to travel restrictions. It had posted a net profit of \u20b956.3 crore in the corresponding quarter of the previous financial year, the airline said in a statement. For the full financial year 2019-20, its net loss stood at \u20b9934.8 crore as against a net loss of \u20b9316.1 crore in 2018-19. The airline in the statement also informed that its Chief Financial Officer Kiran Koteshwar has resigned and &#8220;decided to pursue an exciting [&hellip;]<\/p>\n","protected":false},"author":44,"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-365553","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\/365553","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=365553"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365553\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=365553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=365553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=365553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}