{"id":440573,"date":"2021-10-06T12:09:16","date_gmt":"2021-10-06T06:39:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=440573"},"modified":"2021-10-06T12:09:16","modified_gmt":"2021-10-06T06:39:16","slug":"spicejet-chairman-ajay-singh-plans-fleet-expansion-as-carrier-nears-beak-even","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-chairman-ajay-singh-plans-fleet-expansion-as-carrier-nears-beak-even\/","title":{"rendered":"SpiceJet Chairman Ajay Singh plans fleet expansion as carrier nears beak-even"},"content":{"rendered":"<p>SpiceJet NSE -0.53 % Ltd. Chairman Ajay Singh wants to expand the company\u2019s fleet of passenger jets and cargo haulers as the Indian airline\u2019s financial performance recovers after a punishing stretch during the pandemic.<\/p>\n<p>Singh said the no-frills carrier has a \u201creasonable chance\u201d of reaching break-even this quarter through December thanks to a combination of cost cuts, renegotiated aircraft leases, an uptick in air travel traffic in India and the growth of the company\u2019s new cargo operation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet NSE -0.53 % Ltd. Chairman Ajay Singh wants to expand the company\u2019s fleet of passenger jets and cargo haulers as the Indian airline\u2019s financial performance recovers after a punishing stretch during the pandemic. Singh said the no-frills carrier has a \u201creasonable chance\u201d of reaching break-even this quarter through December thanks to a combination of cost cuts, renegotiated aircraft leases, an uptick in air travel traffic in India and the growth of the company\u2019s new cargo operation.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-440573","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440573","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=440573"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440573\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=440573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=440573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=440573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}