SpiceJet revenue up 27.9% for three months ended Dec-2010

SpiceJet reports (27-Jan-2011) the following financial highlights for the three months ended Dec-2010:

• Revenue*: USD181.6 million, +27.9% year-on-year;
• Costs:
  • Aircraft fuel: +49.9%;
  • Aircraft lease rentals: +9.8%;
• Operating profit: USD24.5 million, +10%;
• Net profit/loss: USD20.7 million, -13.3%. [more]

* Based on the conversion rate USD1 = INR45.70