Regardless of whether it’s up or down, India’s airline market tends to be one of thrills and spills. And right now, we’re seeing both—IndiGo is providing the thrills, Air India the spills. Meanwhile, Jet Airways and SpiceJet are holding their own. Believe it or not, that’s a step forward. Not too long ago, it was all misery. Are we seeing the beginning of a stabilizing trend fueled by, well, cheap fuel? Or will growing competition from the likes of Vistara and AirAsia India keep it forever a tumultuous airline market? Also, we look at Korean Air’s difficult situation and offer our two cents’ worth of advice. Plus, has the U.S. market reached a bottom on ticket prices?