SpiceJet posts ₹205 crore profit in Q1
The low-cost carrier recorded the highest domestic passenger load factor of 90% in the first quarter owing to a strong demand for air travel in India.
The low-cost carrier recorded the highest domestic passenger load factor of 90% in the first quarter owing to a strong demand for air travel in India.
The strategy to launch the cargo business has paid off, but Ajay Singh has to ensure adequate capital for the airline, while battling rising costs and stiff competition.