had signed a Memorandum of Understandings ("MoU") for a codeshare and interline agreement with Emirates to enable its passengers enjoy wide and seamless connectivity through their extensive network across Europe, Africa, America, and the Middle East.
For the first half (April to September) of financial year 2019-20, SpiceJet
had reported a net loss of Rs 706 crore, as against a loss of Rs 200 crore during the same period of the financial year 2018-19. Total revenue from operations declined 73 per cent to Rs 1,592 crore from Rs 5,851 crore.
SpiceJet has operated 30 long‐haul repatriation flights to and from London, Amsterdam, Toronto, Rome and Milan.
At 10:19 am, the stock was trading 8 per cent lower at Rs 84.20 on the BSE, as compared to a 0.06-per cent decline in the S&P BSE Sensex. A combined 15.3 million equity shares had changed hands on the counter on the NSE and BSE till the time of writing of this report.
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