New planes may lower Spicejet's fuel cost by 25 p/CASK: Report
Updated : February 12, 2019 08:15 PM IST
The Gurugam-based airline, which posted a much lower profit at Rs 55 crore in the December quarter over the period year-ago, down 77 percent year-on-year, may see this cost declining further by another around Rs 0.10 seat-kilometer as it inducts more fuel-efficient Boeing 737-Max8 aircraft, brokerage Elara Capital in a note on Tuesday.
The Company has seven Boeing Max and one 737 freighter lined up for inductions during the last quarter of this financial year.
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