IndiGo

We think the religion at Indigo is to keep fares low, get in the customer, fill-up the planes and get more planes, says Rahul Bhatia,MD,Interglobe Enterprises.

SpiceJet‘s debt doubled in FY13 on a annual basis at Rs 1430 crore. The company has been focused on bringing down debt and expanding its operations, and so an investor would be the right fit.

Speaking to CNBC-TV18, Aditya Ghosh of Indigo says the strong numbers were a result of better revenues and capacity expansion. The profit after tax (PAT) of the company came to the tune of Rs 787 crore.

SP Tulsian of sptulsian.com is of the view that SpiceJet has a target of Rs 35 in next six months. "The stock can move to Rs 50 also in next one year, "he adds.

The aviation regulator is not impressed with airlines charging premium for almost all seats on a particular flight. The aviation ministry will soon limit the number of privileged seats that an airline can sell.

Aditya Ghosh, president, IndiGo told CNBC-TV18 that base fares will not come down immediately. Ghosh said airlines will first evaluate how they recover their cost from unbundling before bringing down fares.

The government is trying to ensure a smoother flight for the aviation sector. Within seven months of approving 49 percent FDI in the sector, the government has announced yet another bold reform. It is abolishing the Aircraft Acquisition Committee (AAC) which was set up by the Civil Aviation Minister himself barely six months ago.

According to the government sources it is known that DGCA is looking at a proposal from airlines to hike ancillary revenues. At present, only some services like food are chargeable, reports Sunanda Jayaseelan of CNBC-TV18.

CNBC-TV18's Kritika Saxena and Sunanda Jayaseelan report that with airlines pushed into a corner, passegners may have to bear the brunt of high fuel costs and wary investors

As the July 1 deadline for digitisation in Delhi, Mumbai, Kolkata and Chennai approaches, direct-to-home or DTH operators see this as a huge opportunity to increase their subscriber base.

Rahul Bhatia says he doesn‘t know what the term ‘entrepreneur‘ means. To him, it‘s just someone at the right place at the right time and someone who gets the right reins. Bhatia returned to India in the mid 1980s after spending a few years in Canada studying to become an electrical engineer.

It is a double whammy for travel website Make My Trip dot com. Indigo and Jet Airways who constitute over 50% market share have pulled out content from the site, reports CNBC-TV18's Swati Khandelwal Jain.

According to Sharan Lillaney of Angel Broking, SpiceJet will be most positively benefitted from foreign direct investment in the aviation space.

The turbulence in the Indian aviation space is taking a toll even on the only profitable carrier that India can boast of. Indigo co-founder Rahul Bhatia has dismissed Kingfisher chairman Vijay Mallya's comments on the veracity of Indigo's profits.

Speaking to CNBC-TV18, president of Indigo, Aditya Ghosh, says that the company is bullish on the sector and is going ahead with investments and capacity addition planned for the year.

The turbulence in the aviation sector has spared one airline - Indigo. The airline is continuing with its 2012 plan of adding nine new aircrafts.

The decision on whether to allow foreign direct investment (FDI) in aviation, has now reached the union cabinet. But the industry itself seems divided on whether this reform, if and when it's introduced, can make loss-making carriers fly high again, reports CNBC-TV18's Swati Khandelwal Jain.

Jet Airways has been facing stiff competition from carriers like Indigo and Spicejet and this is forcing India's largest private sector airline to effect a mid-course correction, reports CNBC-TV18 quoting Forbes India.

First the Maharaja, and now it's the king…a royal shock as diminishing fortunes forces Kingfisher Airlines to slash flights. But the biggest shock seems to be for the common man. Because, due to fewer flights, he now has to pay as much as Rs 23,000 for a one way Delhi-Mumbai flight.

Even though this is Indigo’s third consecutive profitable year, the current fiscal may not be an easy one for the carrier due to high fuel costs coupled with a weakening rupee.