The airline’s total revenues rose 35% to Rs 1,651.
“The performance this quarter is a testament to the unrelenting focus of SpiceJet’s resilience and financial and operational recovery. For the first time in 10 years, the company has changed its net worth positively. This is our transformation. It is an important milestone that highlights the success of your strategy.” Ajay Singh, Chairman and MD, SpiceJet.
SpiceJet is firmly focused on building a stronger, stronger, more resilient future, making sure the past is behind it.
The company also discusses advanced aircraft delivery with OEMs and actively explores both organic and inorganic growth opportunities.
Strong demand and effective network optimization are expected to drive double-digit growth for rusks in the fourth quarter of 2005. Company health. The company said it has a qualified in-facility placement (QIP) of 3,000 crore, which it saw participation from major global investors as significantly strengthening its financial position. This has enabled major legacy debt resolution, expanding fleets, and accelerated operational growth.
SpiceJet achieved an impressive passenger load factor of 87%, with a total passenger rusk stand of Rs 4.57. The total amount spent on ungrounded aircraft was 170 Rs.
On Tuesday, SpiceJet shares rose 1.7% at NSE Rs 47.9.
