The airline industry has suffered a lot of losses due to Corona. It also has an impact on SpiceJet’s financial results. According to data provided by SpiceJet, the company has postponed payments to various parties due to poor financial conditions. It includes tenants and other sellers. SpiceJet deferred payment, citing financial condition.
SpiceJet has suffered losses: SpiceJet reported a net loss of Rs 729 crore in the first quarter of the current fiscal. The company had a net loss of Rs 235 crore in the January-March 2021 quarter. However, SpiceJet’s total revenues rose to Rs. 702.56 crore, compared to Rs. The total income from operations was Rs. 514.69 crore to Rs.
The Corona Crisis: SpiceJet President and Managing Director Ajay Singh said, “The first quarter was badly affected by the second wave of corona. Passengers almost disappeared. However, people are being vaccinated and demand for air travel continues to grow.” Up, we hope everything will be okay soon. “
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SpiceJet launched 74 new aircraft during the quarter ending June. The airline handled more than 300 charters, carrying more than 52,000 passengers worldwide. SpiceJet says it has successfully vaccinated all of its operating cabin crew through the first dose of the Kovid-19 vaccine.
