A few days ago, Mr. Rahul Bhatia, co-promoter of Indian low cost carrier IndiGo, stated in public, grievances, that many in the Indian airline industry believe in private. That the government is not behaving in a fair manner and keeping alive national carrier Air India on life support with massive bailouts of public money, preferential treatment in route allocation, etc. …

As with all of the Indian airlines, Delhi based low cost carrier SpiceJet faced disappointing financial results in the fourth quarter and full year of fiscal year 2012, posting a net loss of Rs. 605.8 Crore for FY 11-12 and Rs. 249.2 for Q4. After large net losses at India’s two other publicly traded carriers Kingfisher and Jet Airways, SpiceJet’s …