My Account Menu

CAPA Login

Register to trial CAPA Membership!

SpiceJet narrows second quarter losses


Delhi-based SpiceJet narrowed its losses in the three months ended 30-Sep-2009, reporting a net loss of USD22 million (compared to a USD42.0 million loss in the previous corresponding period), helped by lower fuel costs. CEO, Sanjay Aggarwal, cited low yields as a key reason behind the loss despite an increase in revenue and a stable cost base. [1255 words]

Unlock the following content in this report:


  • Stellar increase in passenger traffic
  • Increases first half revenues
  • May raise up to USD50 million
  • Considering operational alliance with Jet Airways
  • Signs a range of commercial agreements
  • Outlook: Yields firming up, breakeven result for full year

Graphs and data:

  • SpiceJet operating profit margin and net profit margin: 4QFY2008 to 2QFY2010
  • SpiceJet financial highlights for three months ended 30-Sep-09
  • SpiceJet passenger numbers and passenger number growth: 2QFY07 to 3Q09
  • SpiceJet market share: Aug-2006 to Sep-2009
  • SpiceJet financial highlights for six months ended 30-Sep-09
  • SpiceJet share price growth: Aug-2008 to Oct-2009
Please login to continue reading or find out more about CAPA Membership below.
This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.