{"id":632260,"date":"2024-01-31T10:00:10","date_gmt":"2024-01-31T04:30:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=632260"},"modified":"2024-01-31T12:00:05","modified_gmt":"2024-01-31T06:30:05","slug":"spicejet-goes-on-an-expansion-plan-low-cost-airline-announces-rs-900-crore-funding-for-fleet-upgradation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-goes-on-an-expansion-plan-low-cost-airline-announces-rs-900-crore-funding-for-fleet-upgradation\/","title":{"rendered":"SpiceJet goes on an expansion plan! Low-cost airline announces Rs 900 crore funding for fleet upgradation"},"content":{"rendered":"<p>In a major development for the Indian aviation sector, SpiceJet has announced that it has more than Rs 900 crore in funding coming in this month. The low-cost airline plans to utilise this funding for the upgradation of its fleet and cost-cutting measures. <\/p>\n<p>In an internal note to the senior staff, the airline said it now has a substantial bank balance of more than Rs 900 crore, including Rs 160 crore received as an installment under the government\u2019s Emergency Credit Line Guarantee Scheme (ECLGS).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a major development for the Indian aviation sector, SpiceJet has announced that it has more than Rs 900 crore in funding coming in this month. The low-cost airline plans to utilise this funding for the upgradation of its fleet and cost-cutting measures. In an internal note to the senior staff, the airline said it now has a substantial bank balance of more than Rs 900 crore, including Rs 160 crore received as an installment under the government\u2019s Emergency Credit Line Guarantee Scheme (ECLGS).<\/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-632260","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\/632260","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=632260"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632260\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=632260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=632260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=632260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}