SpiceJet Q1 results: Co’s net loss widens to Rs 729 crore

New Delhi: SpiceJet NSE -4.23 % today said its loss during the first quarter of the current fiscal widened to Rs 729 crore from Rs 593 crore during the same quarter of the previous year as flight operations were severely impacted due to the second wave of COVID, which saw daily infections crossing 400,000 per day.

Losses have increased despite the airline showing Rs 143.5 crore as ‘other income’ that it says is likely to come as compensation from Boeing due to the