IndiGo

IndiGo was the first airline to show interest in buying the debt-laden Air India. They sent their bid to the government, the day the government decided to sell the airline's stake.

IndiGo management said the airline has concerns about acquiring all of Air India's business.

India on Wednesday gave approval to privatise debt-laden Air India, the first step of a process that could see the government offload an airline struggling to turn a profit in the face of growing competition from low-cost rivals.

In an interview to CNBC-TV18, Mayur Milak, Senior Research Analyst at IndiaNivesh Securities spoke about the impact of goods and services tax (GST) on airline sector.

Fuel costs rose 71 percent at Rs 1,750.5 crore against Rs 1,023.6 crore a year ago; net profit was reported at Rs 440.2 crore against Rs 185.2 crore YoY.

Sources privy to the development tell CNBC-TV18 that SpiceJet may raise concerns over Qatar Airway setting up a fully owned airline in the country.

Speaking to CNBC-TV18, Krishnan Balakrishnan, Chief Financial Officer at GoAir, said that rising jet prices were affecting the margins of every airline.

Competitive airfares had hit InterGlobe Aviation Q1 performance, with net falling 7 percent fall to Rs 591.77 crore. Total revenue during the April-June quarter rose 9.7 per cent to Rs 4,741.45 crore from Rs 4,211.54 crore in the same period a year ago.

In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sectors.

IndiGo CEO Aditya Ghosh said in the call that IndiGo may have to delay taking delivery of additional A320neo planes, because of the problems in the Pratt & Whitney engines, CNBC-TV18 reports.

Scoot, the medium-haul carrier belonging to Singapore Airlines, has entered Indian airspace, and has an ambitious flight plan charted out, reports

InterGlobe Aviation, the company that owns the country's largest carrier, today posted fourth quarter earnings, in which it posted profit of Rs 579.3 crore on revenues of Rs 4090.6 crore.

Aditya Ghosh, President at InterGlobe Aviation says, the new A320 Neo aircrafts are believed to burn 10-15 percent less fuel and this benefit will trickle down to the bottomline.

On volatile commodity prices, Agrawal says crude prices have to stabilise first for other commodities as well to settle down.

Kaul says the quarterly performance was hit by a couple of one-off factors, but there is no threat to Indigo's profitability as long as crude prices stay low.

InterGlobe Aviation, parent of country's largest aviation firm IndiGo, today said its quarterly revenue rose 12 percent year-on-year to Rs 4,407.4 crore while net profit surged 23 percent to 653.7 crore.

Deepak Shenoy, Founder at capitalmind.in is of the view that one may prefer Interglobe Aviation.

The newly-listed aviation stock is highly favoured on Dalal Street, rising around 61 percent in about a month time since it was listed on November 10. Low crude price and holiday season were also boosting the stock. It touched record high at Rs 1234 per share on December 16.

SP Tulsian of sptulsian.com is of the view that one may prefer SpiceJet.

The new kid on the block gave good returns to investors on a day when the market crashed in pre-Diwali trade. Both the Sensex and Nifty ended losing 1.4 and 1.7 percent respectively.