SpiceJet 737-800. Courtesy, Boeing Indian low-cost carrier SpiceJet posted a third-quarter net profit of INR1.02 billion ($18.97 million) in the October-December 2012 period. This compares to a loss of INR392.6 million year-over-year. Performance during the quarter was boosted by improved yields. Net sales grew 37% to INR16.03 billion during the period, mainly due to higher fares. SpiceJet CEO Neil Mills said average passenger yields were up 29% compared to the year-ago quarter. ...

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