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SpiceJet narrows loss; profits up 6X

Spicejet

Delhi-based low-cost airline SpiceJet reported a profit after tax of Rs 1.19 billion for the fourth quarter of fiscal 2024, a six-fold increase from the profit after tax of Rs 0.17 billion reported during the same quarter previously, the airline…

Embraer narrows Q1 loss despite lower revenues

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UPDATE – Embraer narrowed its first-quarter loss compared to last year, reporting a $31.7 million net loss attributable to shareholders. This compares to $-89.7 million for the same period last year. However, the Brazilian airframer slipped back into a loss again…