Loading
22-Jan-2010 11:26 AM

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.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More