Turbulence in the Sky: SpiceJet flies into Rs.38 crore loss
Mumbai: Airline companies continue to fly into turbulence. SpiceJet on Tuesday reported a loss of Rs 38 crore on account of rising fuel prices, volatile currency and an arbitration reward.The Gurugram-based no-frills airline had posted a net profit of Rs
As per the regulatory filing, SpiceJet’s net income rose 20% to Rs 2,277.80 crore in the reporting quarter, compared with Rs 1,886.30 crore in the year-ago period. Image: Flickr