Loading

SpiceJet narrows second quarter losses

Premium Analysis

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.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,234 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.