{"id":20884,"date":"2022-05-27T15:05:37","date_gmt":"2022-05-27T09:35:37","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=20884"},"modified":"2022-05-27T15:05:40","modified_gmt":"2022-05-27T09:35:40","slug":"jet-airways-posts-rs-234-crore-loss-in-march-quarter","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/05\/27\/jet-airways-posts-rs-234-crore-loss-in-march-quarter\/","title":{"rendered":"Jet Airways posts Rs 234 crore loss in March quarter"},"content":{"rendered":"\n<p class=\"has-drop-cap\"><strong>Jet Airways posted a standalone<\/strong> net loss of Rs 233.63 crore for the three months ended March, despite being grounded for almost two years. <\/p>\n\n\n\n<p>According to a regulatory filing, the full-service airline recorded a standalone net loss of <strong>Rs 107.01 crore in the previous fiscal year. <\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"711\" height=\"400\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/jet_pti_1557412860-2.jpeg\" alt=\"\" class=\"wp-image-20887\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/jet_pti_1557412860-2.jpeg 711w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/jet_pti_1557412860-2-600x338.jpeg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/jet_pti_1557412860-2-300x169.jpeg 300w\" sizes=\"(max-width: 711px) 100vw, 711px\" \/><figcaption>Image courtesy &#8211; Jet Airways <\/figcaption><\/figure>\n\n\n\n<p>In the most recent March quarter, total income was <em>Rs 11.63 crore, down from Rs 17.73 crore the year before<\/em>.A monitoring committee is currently in charge of the airline. <\/p>\n\n\n\n<pre class=\"wp-block-verse\">\"The <strong>monitoring committee <\/strong>is unable to offer consolidated financial figures since the company's subsidiaries are different legal entities that are now <strong>non-operational, and the team<\/strong> is having significant difficulty acquiring essential data from the stated subsidiaries,\" according to the document. <\/pre>\n\n\n\n<p>Under the insolvency resolution procedure, the <strong>Jalan-Kalrock partnership won the bid for the airline.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"480\" height=\"335\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/76933_jeta330cjetairways_85124-1.jpg\" alt=\"\" class=\"wp-image-20885\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/76933_jeta330cjetairways_85124-1.jpg 480w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/76933_jeta330cjetairways_85124-1-300x209.jpg 300w\" sizes=\"(max-width: 480px) 100vw, 480px\" \/><figcaption>credits to ET<\/figcaption><\/figure>\n\n\n\n<p> The airline is in the process of being resurrected, and the DGCA revalidated its air operator certificate last week. <\/p>\n\n\n\n<p>The airline was forced to close in April 2019 due to financial difficulties. <\/p>\n\n\n\n<p>Stay Connected with Aviation a2z! <\/p>\n\n\n\n<p>Join Our Telegram group for Latest Aviation Updates :-<a href=\"https:\/\/t.me\/aviationa2z\">https:\/\/t.me\/aviationa2z<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jet Airways posted a standalone net loss of Rs 233.63 cr for the three months ended March, despite being grounded for almost two years. <\/p>\n","protected":false},"author":2,"featured_media":20885,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[2030,333,2360,3587,6057],"class_list":{"0":"post-20884","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uncategorized","8":"tag-aviation-a2z-news","9":"tag-jet-airways","10":"tag-jet-airways-2-0","11":"tag-net-loss","12":"tag-planes-grounded"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/20884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=20884"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/20884\/revisions"}],"predecessor-version":[{"id":20893,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/20884\/revisions\/20893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/20885"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=20884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=20884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=20884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}