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SpiceJet's Q3 loss widens in battle to stay afloat
1 views | Feb 13, 2015, 01:20:57 PM |
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SpiceJet's net loss swelled more than Rs 100 crore from a year earlier to Rs 275 crore during October-December, a quarter when the airline struggled with acute cash shortage and a spate of flight cancellations. It cut 31 per cent capacity and carried 27 per cent fewer passengers than a year earlier during the past quarter, said the airline which is now attempting a turnaround under new promoters.
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