{"id":432152,"date":"2021-08-26T08:37:36","date_gmt":"2021-08-26T03:07:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=432152"},"modified":"2021-08-26T09:12:04","modified_gmt":"2021-08-26T03:42:04","slug":"airasia-india-loss-rises-95-to-rs-1533-cr-in-fy21-vistaras-loss-narrows","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airasia-india-loss-rises-95-to-rs-1533-cr-in-fy21-vistaras-loss-narrows\/","title":{"rendered":"AirAsia India loss rises 95% to Rs 1,533 cr in FY21; Vistara&#8217;s loss narrows"},"content":{"rendered":"<p>AirAsia India\u2019s losses nearly doubled to Rs 1,533 crore on a year-on-year basis in FY21 while those of Vistara narrowed down to Rs 1,612 crore in the same period, according to company filings.<\/p>\n<p>Air travel in FY21 was marred by Covid-19 pandemic, which led to two-month suspension of flights, grounding of fleet and losses. Domestic air traffic slipped to seven-year low last year and the recovery has been gradual due to state-wide restrictions and testing. <\/p>\n<p>For the Tata Group airlines, it was a year of mixed fortune. While its operating loss increased, Vistara&#8217;s net loss reduced from Rs 1,814 crore in FY20 to Rs 1,612 crore in FY21 due to foreign exchange gains.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AirAsia India\u2019s losses nearly doubled to Rs 1,533 crore on a year-on-year basis in FY21 while those of Vistara narrowed down to Rs 1,612 crore in the same period, according to company filings. Air travel in FY21 was marred by Covid-19 pandemic, which led to two-month suspension of flights, grounding of fleet and losses. Domestic air traffic slipped to seven-year low last year and the recovery has been gradual due to state-wide restrictions and testing. For the Tata Group airlines, it was a year of mixed fortune. While its operating loss increased, Vistara&#8217;s net loss reduced from Rs 1,814 crore [&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-432152","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\/432152","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=432152"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/432152\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=432152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=432152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=432152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}