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SpiceJet Q2 loss widens to Rs 389.4 crore on ATF price hike, weak rupee

SpiceJet's Q2 fuel bill rose 36% to Rs 845.1 crore from Rs 542.3 crore in same period last year. Total income rose 3.8% from Rs 1,842 crore in last Q2 to Rs 1,910.3 crore this time. This is the airline’s second straight quarterly loss after 13 profitable quarters in a row.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2zN8emU
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