{"id":518872,"date":"2022-09-02T12:30:53","date_gmt":"2022-09-02T07:00:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=518872"},"modified":"2022-09-02T12:30:53","modified_gmt":"2022-09-02T07:00:53","slug":"how-can-spicejet-fly-out-of-its-existential-crisis","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/how-can-spicejet-fly-out-of-its-existential-crisis\/","title":{"rendered":"How can SpiceJet fly out of its existential crisis?"},"content":{"rendered":"<p>A considerable jump in air traffic and moderation in jet fuel prices have failed to turn around the fortunes of SpiceJet &#8212; which continued to remain in the red. In January, domestic airlines carried 64 lakh passengers. And the numbers jumped to 6.7 crore in July.<br \/>\n.<br \/>\nDuring the same period, SpiceJet\u2019s domestic market share came down from 10.65 to 8%, which meant the airline slipped from Number 2 to Number 5 in ranking in a matter of six months. The company delayed its Q4 FY22 results after witnessing a ransomware attack on May 25th.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A considerable jump in air traffic and moderation in jet fuel prices have failed to turn around the fortunes of SpiceJet &#8212; which continued to remain in the red. In January, domestic airlines carried 64 lakh passengers. And the numbers jumped to 6.7 crore in July. . During the same period, SpiceJet\u2019s domestic market share came down from 10.65 to 8%, which meant the airline slipped from Number 2 to Number 5 in ranking in a matter of six months. The company delayed its Q4 FY22 results after witnessing a ransomware attack on May 25th.<\/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":[135,167,130],"tags":[],"class_list":["post-518872","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\/518872","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=518872"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/518872\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=518872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=518872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=518872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}