Bengaluru: India’s low-cost carrier SpiceJet On Wednesday, Chief Financial Officer Sanjeev Taneja had resigned amid widespread losses and a series of mid-air incidents.
The company reported a loss of Rs 7.84 billion ($98.61 million) for the quarter ended June 30, compared to a loss of Rs 7.31 billion a year ago.
The company also reported a loss of Rs 4.85 billion for the quarter ended March, which was delayed by the company due to a cyber security attack.
SpiceJet said it will raise funds up to $200 million. Some banks have raised concerns about loans to carriers.
The company reported a loss of Rs 7.84 billion ($98.61 million) for the quarter ended June 30, compared to a loss of Rs 7.31 billion a year ago.
The company also reported a loss of Rs 4.85 billion for the quarter ended March, which was delayed by the company due to a cyber security attack.
SpiceJet said it will raise funds up to $200 million. Some banks have raised concerns about loans to carriers.