{"id":508377,"date":"2022-07-25T09:04:51","date_gmt":"2022-07-25T03:34:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=508377"},"modified":"2022-07-25T09:31:22","modified_gmt":"2022-07-25T04:01:22","slug":"indigo-airlines-financial-headwinds-make-aviation-leaders-flight-wobbly","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-airlines-financial-headwinds-make-aviation-leaders-flight-wobbly\/","title":{"rendered":"IndiGo airlines: Financial headwinds make aviation leader&#8217;s flight wobbly"},"content":{"rendered":"<p>The Covid-19 pandemic impacted the aviation sector badly, and IndiGo, the country&#8217;s leading private carrier, was not untouched by the financial stress.<\/p>\n<p>For the quarter ended March 2022, which was impacted by the &#8216;Omicron&#8217; wave, IndiGo reported a net loss of Rs 16,818 million.<\/p>\n<p>IndiGo, with a fleet size of over 280 aircraft, is leading the Indian aviation sector. With an occupancy rate of 78.5 per cent, the airline recorded a market share of 56.9 per cent in June.<\/p>\n<p>However, many IndiGo flights reported delays during the last week of June, reportedly due to manpower crunch as a significant number of cabin crew members went on sick leave.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Covid-19 pandemic impacted the aviation sector badly, and IndiGo, the country&#8217;s leading private carrier, was not untouched by the financial stress. For the quarter ended March 2022, which was impacted by the &#8216;Omicron&#8217; wave, IndiGo reported a net loss of Rs 16,818 million. IndiGo, with a fleet size of over 280 aircraft, is leading the Indian aviation sector. With an occupancy rate of 78.5 per cent, the airline recorded a market share of 56.9 per cent in June. However, many IndiGo flights reported delays during the last week of June, reportedly due to manpower crunch as a significant number [&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-508377","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\/508377","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=508377"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/508377\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=508377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=508377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=508377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}