{"id":468516,"date":"2022-02-16T11:18:36","date_gmt":"2022-02-16T05:48:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=468516"},"modified":"2022-02-16T11:18:36","modified_gmt":"2022-02-16T05:48:36","slug":"spicejet-back-in-black-challenges-far-from-over","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-back-in-black-challenges-far-from-over\/","title":{"rendered":"SpiceJet back in black; challenges far from over"},"content":{"rendered":"<p>NEW DELHI:  Amidst ongoing legal tussles which include a winding-up order, private carrier SpiceJet on Tuesday surprised everyone by reporting a net profit of Rs 23.28 crore for the quarter ending December (Q3FY22).<\/p>\n<p>SpiceJet said that the airline reported profit despite \u2018one-time exceptional adjustment\u2019 of Rs 77.46 crore on account of settlement for Bombardier aircraft for the same period. In the year-ago period (Q3FY21), the company had reported a loss of Rs 57 crore while in the September quarter it had posted a loss of Rs 56 crore. SpiceJet also recorded a 74% increase in Q3FY22 revenues to Rs 2,679 crore as against Rs 1,539 crore in the corresponding quarter last fiscal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Amidst ongoing legal tussles which include a winding-up order, private carrier SpiceJet on Tuesday surprised everyone by reporting a net profit of Rs 23.28 crore for the quarter ending December (Q3FY22). SpiceJet said that the airline reported profit despite \u2018one-time exceptional adjustment\u2019 of Rs 77.46 crore on account of settlement for Bombardier aircraft for the same period. In the year-ago period (Q3FY21), the company had reported a loss of Rs 57 crore while in the September quarter it had posted a loss of Rs 56 crore. SpiceJet also recorded a 74% increase in Q3FY22 revenues to Rs 2,679 [&hellip;]<\/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":[208,130,143],"tags":[],"class_list":["post-468516","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/468516","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=468516"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/468516\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=468516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=468516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=468516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}