NEW DELHI (Reuters) - Low-cost carrier SpiceJet Ltd does not expect to break even before 2009/10, with soaring jet fuel prices and slowing traffic growth delivering a double whammy, its chief financial officer said.
Partha Sarathi Basu also said the carrier could raise passenger fares if aviation turbine fuel (ATF) prices rose more than 4-5 percent in a month.
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Partha Sarathi Basu also said the carrier could raise passenger fares if aviation turbine fuel (ATF) prices rose more than 4-5 percent in a month.
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