{"id":381071,"date":"2020-10-29T08:32:56","date_gmt":"2020-10-29T03:02:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381071"},"modified":"2020-10-29T08:41:04","modified_gmt":"2020-10-29T03:11:04","slug":"air-india-express-records-highest-ever-annual-profit-at-rs-413-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-express-records-highest-ever-annual-profit-at-rs-413-cr\/","title":{"rendered":"Air India Express records highest-ever annual profit at Rs 413 cr"},"content":{"rendered":"<p>Air India Express on Wednesday reported its highest-ever annual net profit of Rs 412.77 crore for the financial year ended March 2020 as higher operating revenue and passenger volume helped bolster the bottom line of the budget carrier. <\/p>\n<p>The Kochi-based airline, which is up for sale along with its parent Air India, had posted a net profit of Rs 169 crore in 2018-19 fiscal, according to a release. <\/p>\n<p>The carrier, which began commercial operations in April 2005, has been reporting net profit continuously for the last five years. <\/p>\n<p>&#8220;Air India Express has reported its highest ever net profit of Rs 412.77 crore in the financial year 2019-20 as per the audited accounts approved by the airline&#8217;s Board of Directors on October 27,&#8221; the release said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Air India Express on Wednesday reported its highest-ever annual net profit of Rs 412.77 crore for the financial year ended March 2020 as higher operating revenue and passenger volume helped bolster the bottom line of the budget carrier. The Kochi-based airline, which is up for sale along with its parent Air India, had posted a net profit of Rs 169 crore in 2018-19 fiscal, according to a release. The carrier, which began commercial operations in April 2005, has been reporting net profit continuously for the last five years. &#8220;Air India Express has reported its highest ever net profit of Rs [&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-381071","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\/381071","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=381071"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381071\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}