{"id":446051,"date":"2021-10-29T09:15:07","date_gmt":"2021-10-29T03:45:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=446051"},"modified":"2021-10-29T09:49:52","modified_gmt":"2021-10-29T04:19:52","slug":"interglobe-aviation-posts-bigger-quarterly-loss-as-fuel-expenses-soar","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/interglobe-aviation-posts-bigger-quarterly-loss-as-fuel-expenses-soar\/","title":{"rendered":"Interglobe Aviation posts bigger quarterly loss as fuel expenses soar"},"content":{"rendered":"<p>Interglobe Aviation Ltd, which operates India\u2019s biggest airline, reported a bigger quarterly loss on Thursday as higher fuel expenses eclipsed a rebound in travel demand.<\/p>\n<p>Rocketing fuel prices pose a serious threat to the recovery in India\u2019s pandemic-battered aviation industry, in line with U.S. peers that have also said a complete return to profit may be delayed as higher prices overshadow strong demand.<\/p>\n<p>Interglobe\u2019s aircraft fuel expenses in the quarter soared 207.8%.to 19.89 billion rupees in the reported quarter, the company said. <\/p>\n<p>Still, revenue from operations rose 104.6% as COVID-19 vaccination rates picked up and the government eased most air travel-related curbs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interglobe Aviation Ltd, which operates India\u2019s biggest airline, reported a bigger quarterly loss on Thursday as higher fuel expenses eclipsed a rebound in travel demand. Rocketing fuel prices pose a serious threat to the recovery in India\u2019s pandemic-battered aviation industry, in line with U.S. peers that have also said a complete return to profit may be delayed as higher prices overshadow strong demand. Interglobe\u2019s aircraft fuel expenses in the quarter soared 207.8%.to 19.89 billion rupees in the reported quarter, the company said. Still, revenue from operations rose 104.6% as COVID-19 vaccination rates picked up and the government eased most air [&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":[130],"tags":[],"class_list":["post-446051","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/446051","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=446051"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/446051\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=446051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=446051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=446051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}