Daily Archives: August 12, 2019

Protests shut down Hong Kong airport from 6PM

The protests in Hong Kong have been covered all over the news for the last few weeks. Today is the fourth day of what was originally supposed to be a three day airport protest. Till now the protests have generally not affected the city’s aviation, today however the protests have caused the shut down of Hong Kong International airport. Extremely …

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Spicejet Q1 FY20 results – The 114.1 crore conundrum

SpiceJet Bombardier Q400 Dash 8 VT-SUB lands at Kempegowda airport Bangalore. Photo by Vedant Agarwal. All rights reserved.

SpiceJet reported their Q1FY20 earnings this Friday. A profit was expected but the quantum of the profit surprised several analysts. The airline reported a net profit of INR 261.7 crore and total income of INR 3,145.3 crore for the quarter ending June 2019 as against a loss of INR 38.1 crore and INR 2,253.3 crore for the corresponding quarter last …

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