Airline

Record loss for SpiceJet

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Record loss for SpiceJet

Low-cost carrier SpiceJet has reported a record loss of Rs 5.59bn in the three months to September compared with a net loss of Rs1.64 billion in the same period last year. Shares in the airline fell 6.3% on the news. The losses were attributed to high fuel prices and a weaker rupee during the report...

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