{"id":519339,"date":"2022-09-03T11:40:06","date_gmt":"2022-09-03T06:10:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=519339"},"modified":"2022-09-03T13:48:44","modified_gmt":"2022-09-03T08:18:44","slug":"spicejet-posts-rs-789-crore-net-loss-in-june-qtr-plans-to-raise-200-mn-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-posts-rs-789-crore-net-loss-in-june-qtr-plans-to-raise-200-mn-2\/","title":{"rendered":"SpiceJet posts Rs 789 crore net loss in June qtr, plans to raise $200 mn"},"content":{"rendered":"<p>SpiceJet on Wednesday reported a widening of net loss to Rs 789 crore for the three months ended June, mainly hit by high fuel prices and a fall in the rupee.<\/p>\n<p>The low-cost carrier, which has been facing turbulent times, had a net loss of Rs 729 crore in the quarter ended June 2021. &#8220;Total revenue for the reported quarter was Rs 2,478 crore as against Rs 1,266 crore in the same quarter of the previous year,&#8221; the airline said in a release. For the quarter ended March 2022, the airline posted a net loss of Rs 458 crore. In the year-ago period, it had a net loss of Rs 235.3 crore.<\/p>\n<p>SpiceJet Chairman and Managing Director Ajay Singh said the industry has been witnessing one of the most severe operating environment in the recent past.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet on Wednesday reported a widening of net loss to Rs 789 crore for the three months ended June, mainly hit by high fuel prices and a fall in the rupee. The low-cost carrier, which has been facing turbulent times, had a net loss of Rs 729 crore in the quarter ended June 2021. &#8220;Total revenue for the reported quarter was Rs 2,478 crore as against Rs 1,266 crore in the same quarter of the previous year,&#8221; the airline said in a release. For the quarter ended March 2022, the airline posted a net loss of Rs 458 crore. In [&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":[212,130,144],"tags":[],"class_list":["post-519339","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/519339","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=519339"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/519339\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=519339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=519339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=519339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}