{"id":622826,"date":"2023-12-16T10:38:43","date_gmt":"2023-12-16T05:08:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=622826"},"modified":"2023-12-16T11:07:38","modified_gmt":"2023-12-16T05:37:38","slug":"grounded-fleet-could-cost-airlines-400-mn-in-revenue","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/grounded-fleet-could-cost-airlines-400-mn-in-revenue\/","title":{"rendered":"Grounded fleet could cost airlines $400 mn in revenue"},"content":{"rendered":"<p>Indian carriers could incur costs of $100-160 million every month and a revenue loss of $280-400 million every four weeks for the grounded fleet for want of spare parts or engine replacements. <\/p>\n<p>According to research and consultancy firm CAPA India, the country is going to be the most severely hit country as the majority of the country\u2019s fleet is powered by Pratt and Whitney\u2019s GTF engine, used by the nation\u2019s largest carrier IndiGo. <\/p>\n<p>CAPA India estimates suggest a revenue opportunity loss of $1.4-2 million per aircraft per month and monthly expense of $0.5-0.8 million per aircraft. These costs are driven by maintenance, employee expenses and lease rentals and other operating expenses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian carriers could incur costs of $100-160 million every month and a revenue loss of $280-400 million every four weeks for the grounded fleet for want of spare parts or engine replacements. According to research and consultancy firm CAPA India, the country is going to be the most severely hit country as the majority of the country\u2019s fleet is powered by Pratt and Whitney\u2019s GTF engine, used by the nation\u2019s largest carrier IndiGo. CAPA India estimates suggest a revenue opportunity loss of $1.4-2 million per aircraft per month and monthly expense of $0.5-0.8 million per aircraft. These costs are driven [&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":[196,130,138],"tags":[],"class_list":["post-622826","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/622826","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=622826"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/622826\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=622826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=622826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=622826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}