Indian carriers Jet Airways (9W) and SpiceJet (SG) have reduced their losses in their second quarter (July-September), improving performance over the same period last year. Kingfisher’s (IT) losses, however, mounted as the airline operated on a limited schedule before it suspended operations.
Indian carriers Jet Airways (9W) and SpiceJet (SG) have reduced their losses in their second quarter (July-September), improving performance over the same period last year. Kingfisher’s (IT) losses, however, mounted as the airline operated on a limited schedule before it suspended operations (ATW Daily News, Oct. 20). The other two pan-India carriers, Air India and IndiGo are unlisted and do not release their results. 9W reported a second-quarter operating income of $783 million, ...
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