SpiceJet announced an operating profit of INR715.2 million ($15.4 million) for the fiscal year ended May 31 on a higher-than-expected INR4.53 billion in revenue and yesterday celebrated its first year under a new name by confirming the conversion of its 10 737NG options into firm orders for five dash 800s and five dash 900s. The order, first announced in February at Asian Aerospace in Singapore, is worth more than $700 million at list prices. Deliveries will begin toward the end of next ...

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