How loss-making SpiceJet is staying aloft
SpiceJet today is a shadow of what it was in its yesteryears. While for many it remains a mystery how SpiceJet survives with so many challenges all around, the airline is back to expanding. It recently declared a loss of ₹635.42 crore ( ₹447.7 crore loss excluding Foreign Exchange loss) in Q2-FY26. In comparison, IndiGo, which is more than 12 times bigger than SpiceJet, recorded a loss of ₹2,582 crore in Q2-FY26.
The airline subsequently made announcements on adding more narrowbody aircraft to its fleet and reactivating its own MAX 8.
