A INR187 million charge "to settle a long pending dispute with an erstwhile investor" dragged India's SpiceJet to a INR180 million ($3.6 million) loss in the third fiscal quarter ended Dec. 31 (year-ago result not provided), but the carrier remains focused on an international future. Excluding the charge, the New Delhi-based LCC posted an INR8 million profit. Operating revenue rose 16% year-over-year to INR4.72 billion on a 24% increase in average fare. Unit revenue climbed 11% to INR2.42 ...

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