Etihad Cargo posts record mid-year revenue
The Abu Dhabi-based airline achieves six per cent increase in revenue growth compared to H1 2021, contributing 35 per cent of the group's revenue; Strong growth acro...
Source: khaleejtimes.com
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SpiceJet reports Q3 net loss of Rs 67 cr
On a consolidated basis, the low-cost air carrier reported a net loss of Rs 66.77 crore in Q3 FY21 compared with net profit of Rs 77.96 crore in Q3 FY20.Revenue from operations slipped 53.73% to Rs 1691.64 crore in Q3 FY21 from Rs 3656.36 crore in Q3 FY20. The company reported a pre-tax loss of Rs 66.77 crore in Q3 FY21 compared with pre-tax profit of Rs 77.96 crore in Q3 FY20. On a standalone basis, SpiceJet posted a net loss of Rs 57 crore in Q3 FY21 as against a net profit of Rs 73.22 crore in Q3 FY20. Revenue from operations tumbled 53.75% to Rs 1686.61 crore in Q3 FY21 over Q3 FY20.
Source: business-standard.com