{"id":536043,"date":"2022-11-14T12:38:59","date_gmt":"2022-11-14T07:08:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=536043"},"modified":"2022-11-14T12:38:59","modified_gmt":"2022-11-14T07:08:59","slug":"domestic-airline-industry-could-report-rs-15000-17000-crore-loss-this-fiscal-says-icra-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/domestic-airline-industry-could-report-rs-15000-17000-crore-loss-this-fiscal-says-icra-report\/","title":{"rendered":"Domestic airline industry could report Rs 15,000-17,000 crore loss this fiscal, says ICRA report"},"content":{"rendered":"<p>India&#8217;s domestic airline industry is expected to take a hit this fiscal, with a new report projecting at least a Rs 15,000 crore loss owing to increased aviation fuel costs.<\/p>\n<p>Credit rating agency ICRA, in a new report, pointed to an 8% dip in traffic compared to pre-pandemic levels and the elevated prices of aviation turbine fuel (ATF) as the major threats to earnings and the liquidity profile of airlines in the near-to-medium term.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s domestic airline industry is expected to take a hit this fiscal, with a new report projecting at least a Rs 15,000 crore loss owing to increased aviation fuel costs. Credit rating agency ICRA, in a new report, pointed to an 8% dip in traffic compared to pre-pandemic levels and the elevated prices of aviation turbine fuel (ATF) as the major threats to earnings and the liquidity profile of airlines in the near-to-medium term.<\/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":[192,130,136],"tags":[],"class_list":["post-536043","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/536043","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=536043"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/536043\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=536043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=536043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=536043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}