sector: Industrials ·
industry: Airlines ·
As of
3:09pm IST
44.55INR
SpiceJet Limited is an India-based airline company. The Company operates 113 flights daily to 18 destinations, offering connectivity between metros and non-metros. During fiscal year ended March 31, 2008 (fiscal 2008), the Company inducted eight new aircrafts to its fleet taking the total fleet strength to 19 aircrafts. Out of the eight new aircraft inducted, two were Boeing 737-900.
BRIEF: For the six months ended 30 September 2009, SpiceJet Limited's revenues increased 18% to RS1B. Net loss totaled RS749.5M, down from RS3.27B. Revenue reflects an increase in income from operation. Lower loss reflects a decrease in aircraft fuel expenses, lower legal, professional & consultancy expenses, a fall in rent expense, a decrease in other expenditure, lower interest and a decrease in depreciation & obsolescence.
Spicejet Ltd
319,Udyog Vihar
Phase-IV
Gurgoan 122 016
P: +91124.3913999
F: +91124.3913888