India’s low-cost carrier SpiceJet Ltd said on Wednesday that chief financial officer Sanjeev Taneja had resigned amid widening losses and a series of mid-air incidents.
The airline on Wednesday reported widening of net loss to Rs 789 crore in the June quarter as high fuel prices and rupee depreciation adversely impacted the budget carrier.
The low-cost carrier had a net loss of Rs 729 crore in the quarter ended June 2021. In the latest June quarter, the net loss is Rs 420 crore, excluding forex adjustment.
