{"id":399620,"date":"2021-02-09T11:27:29","date_gmt":"2021-02-09T05:57:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=399620"},"modified":"2021-02-09T11:27:29","modified_gmt":"2021-02-09T05:57:29","slug":"air-india-set-to-post-record-loss-in-fy21-on-pandemic-woes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-set-to-post-record-loss-in-fy21-on-pandemic-woes\/","title":{"rendered":"Air India set to post record loss in FY21 on pandemic woes"},"content":{"rendered":"<p>New Delhi: Divestment-bound Air India Ltd is set to witness record loss this fiscal amid strict travel curbs and border lockdowns due to the covid-19 pandemic.<\/p>\n<p>The airline is likely to incur a net loss of \u20b99,500-10,000 crore in the year through March, up from a \u20b98,000 crore loss recorded in the previous year, a senior official at Air India said, requesting anonymity.<\/p>\n<p>The carrier has never made a net profit since its merger with Indian Airlines in 2007. It posted losses of \u20b97,982.83 crore (provisional figure) in 2019-20, \u20b98,556.35 crore in 2018-19, and \u20b95,348.18 crore in 2017-18.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Divestment-bound Air India Ltd is set to witness record loss this fiscal amid strict travel curbs and border lockdowns due to the covid-19 pandemic. The airline is likely to incur a net loss of \u20b99,500-10,000 crore in the year through March, up from a \u20b98,000 crore loss recorded in the previous year, a senior official at Air India said, requesting anonymity. The carrier has never made a net profit since its merger with Indian Airlines in 2007. It posted losses of \u20b97,982.83 crore (provisional figure) in 2019-20, \u20b98,556.35 crore in 2018-19, and \u20b95,348.18 crore in 2017-18.<\/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-399620","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\/399620","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=399620"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/399620\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=399620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=399620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=399620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}