Spicejet reports loses in FY21 of Rs 593 Crore

As flights remain suspended across the country, SpiceJet recorded a net loss of Rs 593 crore on 15th September.
This loss was recorded for FY21. Last year in the same quarter the company recorded profits of Rs 262 crore.
Chairman and Managing Director of Spicejet, Ajay Singh said, “This is the worst-ever crisis to hit the aviation sector. But I am pleased that SpiceJet continues to innovate and outperform the industry.”

Subscribe to our newsletter
Subscribe to our newsletter
Sign up here to get the latest news delivered directly to your inbox.
You can unsubscribe at any time