Other News - 07/29/2009

SpiceJet reported a INR263 million ($5.4 million) profit in its fiscal first quarter ended June 30, reversed from a INR1.29 billion loss in the year-ago period. It said operating revenue rose 15% year-over-year on a 21% jump in passenger numbers. Unit cost fell 24% as ASKs climbed 12%. Load factor...

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