SpiceJet, one of India’s leading low-cost carriers, has revealed its financial results for the first quarter of fiscal year 2026 (Q1 FY26). The airline reported a net loss of INR 238 Crore, a significant decline compared to a net profit of INR 150 Crore in the same quarter of the previous year (Q1 FY25). Several factors, including geopolitical issues and airspace restrictions, along with the delayed return of grounded aircraft, contributed to these results. However, SpiceJet has managed to...
