Spicejet eyes breakeven in FY07

Low cost carrier Spicejet hopes to achieve financial break-even this fiscal subject to costs remaining constant. The airline expects to post a turnover of Rs 1,100 crore in 2006-07 against Rs 481 crore last year, said Spicejet vice-president (sales & planning) Sanjay Kumar at a press conference here on Monday.

“We achieved operational breakeven last year. We hope to achieve financial breakeven this fiscal, provided variable costs like fuel prices remain constant till the conclusion of the fiscal,” said Mr Kumar. Prices of aviation turbine fuel remained stable until December 2006, but witnessed a hike this month. If it continues at the present level, achieving breakeven should be possible, he added.

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2 Responses to “Spicejet eyes breakeven in FY07”

  1. nilesh patel Says:

    sir,i m nilesh patel.i want to be an aviator.it is in my nervs.its my child hood dream.n now the time is to fulfill it.so i request u sir pls suggest me n gguide me…..
    to most of us the sky is the limit.to those who love aviation the sky is home.

    thank you sir,
    your sincerly..nilesh patel

  2. Pawan kumar Says:

    Dear sir
    i am pawan..i have done my B.TECH. In mechanical engg. Branch . My birthdream is become pilot … But lake of proper gauide my directin is change. But i always see the in my future to become piolet … Sir now i have some financial problem ..but i want to do.. So sir could u tell Me what is fees ..any airlines offer for pilot for graduate..

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