SpiceJet back in black with 1Q $10.2 million profit

SpiceJet 737-800. Courtesy, Boeing After five consecutive quarters of losses, India’s second largest low-cost carrier SpiceJet (SG) posted a profit of INR561.2 million ($10.2 million) for the first quarter ended June 30, compared to a loss of INR719.6 million in the year-ago period. Revenue surged...

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