{"id":427004,"date":"2021-07-23T08:06:31","date_gmt":"2021-07-23T02:36:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=427004"},"modified":"2021-07-23T09:12:01","modified_gmt":"2021-07-23T03:42:01","slug":"airline-losses-to-widen-in-q1-over-falling-traffic-fuel-price-hike-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airline-losses-to-widen-in-q1-over-falling-traffic-fuel-price-hike-2\/","title":{"rendered":"Airline losses to widen in Q1 over falling traffic, fuel price hike"},"content":{"rendered":"<p>Domestic airlines will report a muted performance in Q1FY22 on the back of rising fuel costs and fall in traffic due to the second wave of the Coronavirus (Covid-19) pandemic, industry analysts said.<\/p>\n<p>While losses are expected to widen on a sequential basis, these would be lower on a year-on-year basis as air travel was suspended for two months till May 24, 2020. <\/p>\n<p>InterGlobe Aviation, which operates IndiGo, will declare its result on July 27. SpiceJet is yet to announce its result date.<\/p>\n<p>Broking firm Prabhudas Liladher expects IndiGo&#8217;s Q1 loss to widen sequentially to Rs 2,430 crore from Rs 1,160 crore on rising costs and lower yields. Adjusting for compensation from Boeing, SpiceJet&#8217;s loss will widen quarter-on-quarter to Rs 650 crore from Rs 380 crore, it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domestic airlines will report a muted performance in Q1FY22 on the back of rising fuel costs and fall in traffic due to the second wave of the Coronavirus (Covid-19) pandemic, industry analysts said. While losses are expected to widen on a sequential basis, these would be lower on a year-on-year basis as air travel was suspended for two months till May 24, 2020. InterGlobe Aviation, which operates IndiGo, will declare its result on July 27. SpiceJet is yet to announce its result date. Broking firm Prabhudas Liladher expects IndiGo&#8217;s Q1 loss to widen sequentially to Rs 2,430 crore from 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-427004","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\/427004","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=427004"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427004\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=427004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=427004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=427004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}