SpiceJet reports highest ever 2Q loss

Credit: Courtesy, Boeing
Indian low-cost carrier (LCC) SpiceJet has reported a net loss of Rs5.59 billion ($90 million) for the second quarter ended Sept. 30, widened from a loss of Rs1.6 billion for the year-ago period. Revenue grew 6% to Rs12.5 billion, the Chennai-based airline said in a statement. Expenses jumped 32% to...

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