Record loss for SpiceJet

Low-cost carrier SpiceJet has reported a record loss of Rs 5.59bn in the three months to September compared with a net loss of Rs1.64 billion in the same period last year. Shares in the airline fell 6.3% on the news. The losses were attributed to high fuel prices and a weaker rupee during the reporting period. AirAsia Group results show a 27% uplift in passengers in Q3 AirAsia Group airlines carried 27% more passengers during the third quarter of 2013, with 10.6m passengers, however the overall load factor was down 2 percentage points to 76%. Malaysia AirAsia passenger numbers rose