{"id":524058,"date":"2022-09-22T10:47:53","date_gmt":"2022-09-22T05:17:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=524058"},"modified":"2022-09-22T12:44:41","modified_gmt":"2022-09-22T07:14:41","slug":"spicejet-shares-fall-over-4","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-shares-fall-over-4\/","title":{"rendered":"SpiceJet shares fall over 4%"},"content":{"rendered":"<p>Shares of SpiceJet on Wednesday fell over 4 per cent after the company said it has asked 80 of its pilots to go on a three-month leave without pay.<\/p>\n<p>The company\u2019s shares declined 4.01 per cent to settle at Rs 41.85 apiece on the BSE. During the day, it fell 4.24 per cent to `41.75.<\/p>\n<p>The move is a temporary measure to rationalise cost, the Gurugram-headquartered airline said on Tuesday.<\/p>\n<p>\u201cThis measure, which is in line with SpiceJet\u2019s policy of not retrenching any employee which the airline steadfastly followed even during the peak of the Covid pandemic, will help rationalise the pilot strength vis-a-vis the aircraft fleet,\u201d the budget carrier said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of SpiceJet on Wednesday fell over 4 per cent after the company said it has asked 80 of its pilots to go on a three-month leave without pay. The company\u2019s shares declined 4.01 per cent to settle at Rs 41.85 apiece on the BSE. During the day, it fell 4.24 per cent to `41.75. The move is a temporary measure to rationalise cost, the Gurugram-headquartered airline said on Tuesday. \u201cThis measure, which is in line with SpiceJet\u2019s policy of not retrenching any employee which the airline steadfastly followed even during the peak of the Covid pandemic, will help rationalise [&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-524058","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\/524058","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=524058"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/524058\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=524058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=524058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=524058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}