SpiceJet revenue jump 35.9% in Dec-2009 quarter, CASM down 22%

SpiceJet revenue jump 35.9% - financial/traffic highlights for the three months ended 31-Dec-2009 (Hindu Business Line/Times of India, 21-Jan-2010/22-Jan-2010):

• Net sales: USD140.0 million, +35.9% year-on-year;
• Net profit: USD23.7 million, compared to a loss of USD3.9 million in the previous corresponding period;
• Passenger traffic: +55%;
• Cost per ASK: n/a, -22%.

*Based on the conversion rate at USD1 = INR45.86

SpiecJet: "The aviation industry has taken a turn for the better…we are looking forward to a good quarter ahead," Sanjay Aggarwal, CEO. Source: Hindu Business Line/Times of India, 21-Jan-2010/22-Jan-2010.