This Article is From Jul 07, 2014

SpiceJet Refutes Ministry Claim on FY13 Profit

SpiceJet today said it had suffered a loss of over Rs 191 crore in 2012-13. In a statement, the second largest no-frills carrier said it suffered the highest-ever loss of Rs 1,003 crore in 2013- 14, while the loss in 2012-13 was Rs 191.07 crore.

SpiceJet's response came after the Civil Aviation Ministry came out with a loss figure of Rs 279.8 crore in 2012-13 for the airline.