SpiceJet Swings To Small Q2 Profit

SpiceJet reported a INR238 million rupee (USD$3.6 million) net profit for July to September, after its fuel costs fell and it filled more seats on its planes.

The quarterly profit is SpiceJet's third in a row, the airline said in a regulatory statement.

India's second-biggest budget airline by market share made a INR3.1 billion rupee net loss for the same period last year.