Hello finance enthusiasts!
We are back with another equity report on Spicejet.
SpiceJet is an Indian low-cost airline headquartered in Gurgaon, Haryana,India. It is the second largest airline in the country by number of domestic passengers carried, with a market share of 13.6% as of March 2019. The airline operates 630 daily flights to 64 destinations, including 54 Indian and 15 international destinations.
SpiceJet is continuously adding new routes targeting mainly connecting Tier 2 cities with Tier 1 cities. Despite that, airline is incurring loss for the previous 2 financial year.
So, here is the equity report of SpiceJet which will help in understanding the company fundamentals.
Here you’ll get all the information about the pros and cons of the company. Have a good read and please share your opinions in the comments below.
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