Daily Archives: November 4, 2010

Analysis: SpiceJet Q2 fiscal 2011 results and 30 Bombardier Q400 regional turbo-prop order

Gurgaon based low fare carrier SpiceJet, announced its fourth successive quarter of profits today. Even though, the carrier declared a meagre Rs. 100 million net profit for the second quarter (ending September 30, 2010) of the financial year 2010~2011, this is in sharp contrast to the loss of almost Rs. 1 billion compared to the same quarter last fiscal. The …

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