{"id":367617,"date":"2020-08-14T10:21:54","date_gmt":"2020-08-14T04:51:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=367617"},"modified":"2020-08-14T10:52:56","modified_gmt":"2020-08-14T05:22:56","slug":"heres-why-analysts-choose-indigo-over-spicejet-for-the-long-haul","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/heres-why-analysts-choose-indigo-over-spicejet-for-the-long-haul\/","title":{"rendered":"Here&#8217;s why analysts choose IndiGo over SpiceJet for the long haul"},"content":{"rendered":"<p>India\u2019s largest airline by market share IndiGo \u2013 owned by InterGlobe Aviation \u2013 has approved to raise Rs 4,000 crore to tide over the liquidity crisis resurrected by Covid-19 pandemic. In contrast, its competitor SpiceJet has been shown a red flag by its auditor, doubting the airline\u2019s continuity as \u2018going concern\u2019. <\/p>\n<p>This poles-apart situation of the two airlines, which collectively controlled 69.4 per cent of the aviation market as of June 30, 2020, according to data provided by Directorate General of Civil Aviation (DGCA), has put brakes on the growth story for the sector which was once seen as the world\u2019s fastest growing markets. <\/p>\n<p>Despite the Covid-19 pandemic that nearly halted the operations of the airlines, analysts say the Indian aviation sector holds promise from a long-term perspective and that the macro-economic factors remain conducive.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s largest airline by market share IndiGo \u2013 owned by InterGlobe Aviation \u2013 has approved to raise Rs 4,000 crore to tide over the liquidity crisis resurrected by Covid-19 pandemic. In contrast, its competitor SpiceJet has been shown a red flag by its auditor, doubting the airline\u2019s continuity as \u2018going concern\u2019. This poles-apart situation of the two airlines, which collectively controlled 69.4 per cent of the aviation market as of June 30, 2020, according to data provided by Directorate General of Civil Aviation (DGCA), has put brakes on the growth story for the sector which was once seen as the [&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-367617","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\/367617","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=367617"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367617\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=367617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=367617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=367617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}