IndiGo and SpiceJet Report Fiscal Year Losses
Two of India’s largest carriers have announced losses at the end of their fiscal years. Both IndiGo and SpiceJet reported losses after seeing operating profits from the previous year. At year-end, IndiGo reported a 1.5 billion rupee ($21.6 million USD) loss before tax. In the previous year, the carrier saw a pre-tax profit of 31 […]