SpiceJet's domestic market share drops to just 3.1% in July: DGCA data

Quick Summary:

SpiceJet had recorded a market share of 16 per cent in March 2020, just before COVID-19 spread across India.

The airline has been recording losses for the last six years.

The cash-strapped airline carried 405,000 domestic passengers in July.

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Article Details

Category: BusinessFinance

Markets: India

Topics: SpiceJet stock fall SpiceJet SpiceJet stock in news DGCA Airlines Aviation sector SpiceJet stock

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-19 @ 18:28:48 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 344 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22139439

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