CNBC-TV18-Exclusive: Hard to predict return to profits; cargo biz doing well: SpiceJet CMD Ajay Singh
Updated : February 12, 2021 12:12 PM IST
Singh said his company was working towards reducing costs and increasing revenues, but many factors were beyond its control.
SpiceJet’s accumulated losses for this financial year so far stand at Rs 770 crore.
Rising crude oil prices are making matters worse for airlines in general.
Published : February 12, 2021 11:23 AM IST