News > Sajeev Taneja Resigns As SpiceJet CFO As Losses Widen

Sajeev Taneja Resigns As SpiceJet CFO As Losses Widen

Business World | 01/09/2022 08:55 AM | Click to read full article

SpiceJet announced on Wednesday that Sanjeev Taneja, the company's chief financial officer, has resigned in the face of expanding losses and a rise in in-flight mishaps. 

The airline reported a net loss of Rs 458 crore for the quarter ending March against Rs 235.3 crore in the same period a year ago. During the April-June quarter, net loss stood at Rs 789 crore against Rs 729 crore a year ago.

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