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SpiceJet: “Demand is back”, optimistic for next two quarters

10-Dec-2009

SpiceJet CCO, Samyukth Sridharan, recently stated “demand is back”, judging by the market performance over the past four months. Mr Sridharan added the carrier is also “optimistic” about its financial performance for the next two quarters. [445 words]

Unlock the following content in this report:

Subheadings:

  • Unaware of Istithmar’s plans to alter investment strategy

Graphs and data:

  • SpiceJet passenger numbers and growth (% change year-on-year)
  • SpiceJet market share: Oct-2007 to Oct-2009
  • SpiceJet share price: 24-Aug-2009 to 02-Dec-2009
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