Mumbai: Lenders of Jet Airways may have badly hit by the grounding of the country’s oldest private sector airline, but its misfortune has turned out to be a boon for the airline’s competitors like SpiceJet and InterGlobe Aviation.
In the December-March quarter of FY19, both Indigo and SpiceJet reported strong top line growth on the back of robust growth in Revenue Passenger Kilometres (RPKM) over same quarter last year and an increase in their yields.
