SpiceJet reverses losses in 3Q

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...

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