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SpiceJet loss widens to 621 cr on higher costs

Financial Express Lucknow

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November 13, 2025

SPICEJET ON FRIDAY reported a consolidated net loss of 621 crore in the second quarter of FY26, up 35% from %458 crore inthe same quarter of FY25.The losses were attributed to weak demand, grounded fleet, recalibration of dollar-based future obligations and airspace restrictions, which sharply increased operating costs.

- NITIN KUMAR

The airline’s revenue from operations declined 13% to 792 crore, down from %915 crorein the corresponding quarter last year. The company reported an operating loss of

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