{"id":381081,"date":"2020-10-29T08:34:31","date_gmt":"2020-10-29T03:04:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381081"},"modified":"2020-10-29T08:41:49","modified_gmt":"2020-10-29T03:11:49","slug":"air-india-express-reports-highest-ever-net-profit-at-rs-412-77-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-express-reports-highest-ever-net-profit-at-rs-412-77-crore\/","title":{"rendered":"Air India Express reports highest-ever net profit at Rs 412.77 crore"},"content":{"rendered":"<p>Air India&#8217;s low-cost international subsidiary Air India Express on Wednesday reported its highest-ever net profit, at Rs 412.77 crore for the financial year 2019-20. <\/p>\n<p>The airline had reported a net profit of Rs 169 crore in 2018-19. <\/p>\n<p>The airline which started its commercial operations in April 2005, has been reporting net profit continuously for the last five years. <\/p>\n<p>&#8220;Efficient utilisation of assets in terms of aircraft, manpower and materials and enhanced operational efficiency in key areas have significantly contributed to the the record profits,&#8221; said K. Shyam Sundar, CEO, Air India Express. <\/p>\n<p>The airline&#8217;s operating revenues grew by over 25 per cent from Rs 4,172 crore in FY2018-19 to Rs 5,219 crore in FY2019 -20.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Air India&#8217;s low-cost international subsidiary Air India Express on Wednesday reported its highest-ever net profit, at Rs 412.77 crore for the financial year 2019-20. The airline had reported a net profit of Rs 169 crore in 2018-19. The airline which started its commercial operations in April 2005, has been reporting net profit continuously for the last five years. &#8220;Efficient utilisation of assets in terms of aircraft, manpower and materials and enhanced operational efficiency in key areas have significantly contributed to the the record profits,&#8221; said K. Shyam Sundar, CEO, Air India Express. The airline&#8217;s operating revenues grew by over 25 [&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-381081","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\/381081","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=381081"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381081\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}