Profit

Rupee woes for airlines

PUBLISHED ON: March 3, 2009 | Duration: 3 min, 22 sec

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SpiceJet told NDTV Profit that the airline has been able to negate a weak rupee due to a drop in ATF prices. But it may look at hedging positions if rupee falls. The airline has to pay maintenance expenses and lease rentals in dollar terms.
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