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CNBC-TV18-Exclusive: Hard to predict return to profits; cargo biz doing well: SpiceJet CMD Ajay Singh

usscmc by usscmc
February 12, 2021
CNBC-TV18-Exclusive: Hard to predict return to profits; cargo biz doing well: SpiceJet CMD Ajay Singh
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Updated : February 12, 2021 11:34 AM IST


Singh said his company was working towards reducing costs and increasing revenues, but many factors were beyond its control.


SpiceJet’s accumulated losses for this financial year so far stand at Rs 770 crore.


Rising crude oil prices are making matters worse for airlines in general.

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