Indian airline SpiceJet posts wider loss on weak passenger traffic
Nov 12 (Reuters) - Cash-strapped Indian carrier SpiceJet SPJT.BO posted a wider quarterly loss on Wednesday, hurt by a drop in its passenger traffic and mounting foreign exchange losses. The company's loss stood at 6.34 billion rupees for the quarter ended September 30, compared with a loss of 4.42 billion rupees a year ago. (Reporting by Kashish Tandon in Bengaluru; Editing by Nivedita Bhattacharjee ) ((Kashish.Tandon@thomsonreuters.com; 8800437922;))
Recent news on Spicejet
See all newsIndia raises jet fuel price for local airlines as stabilisation scheme kicks in, sources say
India's SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loan
India's InterGlobe Aviation, Spicejet turn positive after govt approves $1 bln aviation fuel fund
Brief: India’s Airlines Asked State-Run Oil Refiners To Hold Off On Hiking Jet Fuel Prices For Domestic Flights - Bloomberg News
Indian tourism stocks fall as Modi urges travel restraint amid Iran war