Air Deccan parent Deccan Aviation reported a INR96.4 million ($2.2 million) net profit in the three months ended Dec. 31, its first profit since going public last summer, Reuters reported. The company lost INR429.4 million in the September quarter and INR3.4 billion in the 15 months ended June 2006, the news agency said. Last quarter's revenues of INR6.37 billion were boosted by the $100 million October sale of delivery rights to 60 A320s (ATWOnline, Oct. 16, 2006) and a 4% rise in yields.
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