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Examples
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With other airlines such as Spicejet, IndiGo and GoAir also set to become international carriers over the next few years, the concept of T3 as an international aviation hub must be incentivised so that Delhi can be mentioned in the same breath as, say, Dubai or Singapore.
The Times of India 2010
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Air passengers stand in queue at a Spicejet ticket counter at the Netaji Subhash Chandra Bose Airport in Kolkata on May 5, 2010.
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Spicejet turned a loss of 3.5 billion rupees ($75.8 million) in the financial year ending March 2009 into a profit of 614.5 million rupees ($13.2 million) in the year ending March 2010, as fuel prices fell and air travel rebounded.
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At the time, global oil prices were spiking and Spicejet was burning through cash.
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Spicejet spokeswoman Deepa Dey declined Friday to comment on the reports.
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Low-cost domestic competition from Spicejet, IndiGo, and GoAir has forced full service carriers Jet and Kingfisher to ramp-up no-frills offerings.
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Spicejet is currently holding roadshows to raise $75 million by selling new shares ahead of launching international flights, it added.
Analysis 2010
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Spicejet is currently holding roadshows to raise $75 million by selling new shares ahead of launching international flights, it added.
Analysis 2010
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Spicejet is currently holding roadshows to raise $75 million by selling new shares ahead of launching international flights, it added.
Analysis 2010
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Spicejet is currently holding roadshows to raise $75 million by selling new shares ahead of launching international flights, it added.
Analysis 2010
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