{"id":446006,"date":"2021-10-29T08:19:51","date_gmt":"2021-10-29T02:49:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=446006"},"modified":"2021-10-29T08:21:26","modified_gmt":"2021-10-29T02:51:26","slug":"indigo-q2-results-loss-widens-20-to-rs-1435-cr-on-rising-crude-oil","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-q2-results-loss-widens-20-to-rs-1435-cr-on-rising-crude-oil\/","title":{"rendered":"IndiGo Q2 results: Loss widens 20% to Rs 1,435 cr on rising crude oil"},"content":{"rendered":"<p>Flyers are back, fares are holding strong, and corporates are again travelling for business trips \u2014 India\u2019s largest airline IndiGo\u2019s management showed signs of strong optimism even though the company posted a loss of Rs 1,435.70 crore in the September quarter, primarily hit by rising crude oil. <\/p>\n<p>While the losses were up 20 per cent against Rs 1,194.80 crore in the year-ago quarter, the airline has managed to reign in the cash burn. It said passengers were willing to pay more leading to a strong growth in yield. However, a return to profitability may not be in near term as high fuel prices overshadowing the strong demand pose a threat to a recovery in the pandemic-battered aviation industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flyers are back, fares are holding strong, and corporates are again travelling for business trips \u2014 India\u2019s largest airline IndiGo\u2019s management showed signs of strong optimism even though the company posted a loss of Rs 1,435.70 crore in the September quarter, primarily hit by rising crude oil. While the losses were up 20 per cent against Rs 1,194.80 crore in the year-ago quarter, the airline has managed to reign in the cash burn. It said passengers were willing to pay more leading to a strong growth in yield. However, a return to profitability may not be in near term as [&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-446006","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\/446006","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=446006"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/446006\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=446006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=446006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=446006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}