{"id":622588,"date":"2023-12-15T09:42:15","date_gmt":"2023-12-15T04:12:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=622588"},"modified":"2023-12-15T10:02:57","modified_gmt":"2023-12-15T04:32:57","slug":"indian-carriers-could-incur-up-to-1-2-bn-per-year-for-200-grounded-planes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-carriers-could-incur-up-to-1-2-bn-per-year-for-200-grounded-planes\/","title":{"rendered":"Indian carriers could incur up to $1.2 bn per year for 200 grounded planes"},"content":{"rendered":"<p>Over 25 per cent of the aircraft fleet operated by Indian carriers will be out of commission by March 2024, potentially resulting in an annual cost ranging from $1 billion to $1.2 billion, according to assessments made by CAPA India. <\/p>\n<p>The standard monthly cost an active aircraft incurs is about $1 million and if it\u2019s grounded, the cost comes down to $0.5 million, according to CAPA\u2019s \u2018conservative\u2019 estimates. <\/p>\n<p>&#8220;With planned replacement capacity, a conservative estimate of fixed airline cost for around 100 grounded aircraft is $500-600 million (prior to compensation from equipment maker),&#8221; CAPA India noted. By March 2024, about 196-201 out of 789 aircraft with Indian carriers are expected to be grounded, primarily due to supply chain issues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over 25 per cent of the aircraft fleet operated by Indian carriers will be out of commission by March 2024, potentially resulting in an annual cost ranging from $1 billion to $1.2 billion, according to assessments made by CAPA India. The standard monthly cost an active aircraft incurs is about $1 million and if it\u2019s grounded, the cost comes down to $0.5 million, according to CAPA\u2019s \u2018conservative\u2019 estimates. &#8220;With planned replacement capacity, a conservative estimate of fixed airline cost for around 100 grounded aircraft is $500-600 million (prior to compensation from equipment maker),&#8221; CAPA India noted. By March 2024, about [&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-622588","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\/622588","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=622588"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/622588\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=622588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=622588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=622588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}