Air travel also depends on a good no of factors & I think most pvt airlines,especially the Low Cost carriers will see shutdown like Kingfisher & Air Deccan & in this market only full fledged carriers like Jet Airways & Air India will exist. If you see international factors,on a reputed airlines a 1000 km air travel on avg costs Rs 6k whereas facing stiff competition Indian LCC are providing even 1500-2000 km air tkt at a mere Rs 3-5k,which is certainly not good for airlines economic health. We still need to buy Boeing & Airbuses from Foreign countries where the smallest version of a unit costs a hoping Rs 700 crore.