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SpiceJet reports US$27 million second quarter loss
September 9th 2025
In second quarter 2025, SpiceJet booked net losses of 2.3 billion rupee (US$27 million) compared with a 1.6 billion rupee net profit in the same months a year ago. Read More » Revenue slumped 42.2%, to 12 billion rupee, SpiceJet said in a regulatory filing. The LCC’s financial performance was "significantly impacted" by geopolitical factors, including tensions with Pakistan and airspace restrictions in key markets, the airline said, leading to subdued leisure demand. The airline’s bottom line also was hurt by delays in returning grounded aircraft to service because of global supply chain disruptions and engine maintenance requirements. "This quarter’s results reflect the extraordinary challenges faced by the aviation industry," SpiceJet chair and managing director, Ajay Singh, said. "Despite these headwinds, SpiceJet continues to demonstrate resilience. We are taking decisive steps to enhance fleet reliability, reduce costs and expand our network. With India’s aviation and tourism sectors among the fastest growing globally, we remain confident of a strong recovery trajectory in the coming quarters."
