SpiceJet has added 25 planes to its fleet and plans to include 35 more this financial year, said officials of the low-cost carrier.
The airline on Tuesday reported a 22 per cent jump in net profit at Rs 56.3 crore in the quarter ended March 31 despite grounding of its Boeing 737 MAX aircraft. The rise in profit is aided by higher ticket prices. It had posted a profit of Rs 46.2 crore in the last quarter of FY18. Its capacity (in terms of seat kilometer) saw a 21 per cent rise while average fare rose 11 per cent. The airline reported a net loss of Rs 316.1 crore in the Q4FY19.
