Hi Atul, In 18-24 months time you will able to see TATA's piloting Spicejet. There is a possibility though that they might revamp the business model of Spicejet. It will be changed to a high value carrier one from the present LCC model. ROI in Airline Business is a 7-9 %, with the exceptions of Singapore Airlines and Southwest and few others. By and large it isnt a lucrative business as one would expect especially considering the operational cost's in a country like India. If the industry is to fully benefit from the strong economy of India, the govt has to come up with prudent and benefitting tax regulations.
