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Full year profts for SpiceJet

31 May 2011

The Indian carrier, based in New Delhi, reported a $22.1 million profit for its full year 2010-2011.

Read more: SpiceJet SpiceJet 2010 profits SpiceJet 2010 results

Indian budget airline SpiceJet reported profit of INR1 billion ($22.1 million) in FY/2010-11 compared with a profit of INR 615 million in FY/2009-10 despite rising fuel costs. Operating revenue also improved 33%.

Load factors rose to...


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