{"id":383881,"date":"2020-11-12T11:58:28","date_gmt":"2020-11-12T06:28:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=383881"},"modified":"2020-11-12T13:15:27","modified_gmt":"2020-11-12T07:45:27","slug":"spicejet-q2-net-loss-narrows-to-rs-112-6-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-q2-net-loss-narrows-to-rs-112-6-cr\/","title":{"rendered":"SpiceJet Q2 net loss narrows to Rs 112.6 cr"},"content":{"rendered":"<p>Budget carrier SpiceJet on Wednesday reported a net loss of Rs 112.6 crore for the quarter ended September.<\/p>\n<p>It had posted a net loss of Rs 462.6 crore for the corresponding period of the previous financial year.<\/p>\n<p>The airline&#8217;s total income stood at Rs 1,305 crore in the second quarter of 2020-21, significantly lower than Rs 3,074 crore in the year-ago period.<\/p>\n<p>Total expenses also reduced to Rs 1,418 crore as compared to Rs 3,536 crore earlier, the airline said in a statement.<\/p>\n<p>&#8220;Despite COVID-19 continuing to pose serious operating challenges we have managed to significantly cut down our net loss in Q2 much like the previous quarter,&#8221; SpiceJet Chairman and Managing Director Ajay Singh said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Budget carrier SpiceJet on Wednesday reported a net loss of Rs 112.6 crore for the quarter ended September. It had posted a net loss of Rs 462.6 crore for the corresponding period of the previous financial year. The airline&#8217;s total income stood at Rs 1,305 crore in the second quarter of 2020-21, significantly lower than Rs 3,074 crore in the year-ago period. Total expenses also reduced to Rs 1,418 crore as compared to Rs 3,536 crore earlier, the airline said in a statement. &#8220;Despite COVID-19 continuing to pose serious operating challenges we have managed to significantly cut down our net [&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":[212,130,144],"tags":[],"class_list":["post-383881","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/383881","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=383881"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/383881\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=383881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=383881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=383881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}