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Going forward share of international routes will furthers strengthen as the company has recently added Muscat in its list of destinations, says SL Narayanan, Group CFO, Sun Group.
As per CNBC-TV18 poll, SpiceJet's revenues are likely to go up by 35 percent to Rs 1,501 crore in the March quarter from Rs 1,113 crore Y-o-Y, despite industry passenger growth falling 1.5 percent Y-o-Y due to expansion in international segment.
In an interview to CNBC-TV18, Mehraboon Irani of Nirmal Bang Securities highlights his hits and misses for the quarter ending December. While he lists Amara Raja and Spicejet as hits, Ashok Leyland and dish TV could not attract him.
In an interview to CNBC-TV18, Neil Mills, cheif executive officer, SpiceJet gives his views on the airline's Q3 results.
Neil Mills, chief executive officer, Spicejet, says that after five consecutive quarters of losses the airline has managed to post a revenue growth of 51% in this quarter. With the week rupee it is not attractive for us to do hedging.
There was no under-provisioning done in the results, says Neil Mills, chief executive of SpiceJet, replying to comments made by its auditor in a recent report.
In an interview with CNBC-TV18, Neil Mills, CEO of SpiceJet said, the increase in fuel cost hampered the profitability. "I think the next couple of quarters will be tough for the company," he said.