The coming months will see a lot of correction & consolidation. As fuel prices skyrocket, we will see the smaller airlines fold up. Only those with deep pockets, good business sense and long term commitment will be able to survive.

Jet Airways will be able to continue in its position because of its substantial customer base and loyalty in the domestic market. It will try and gain a foothold in the ultra-competitive international market.

Air Sahara, if someone does not buy it soon, will surely fold up. The multi-million dollar Sahara group has a lot of other businesses to worry about.

Spicejet & GoAir - Its too early to talk about them as these are just a year old (Go Air is just 7-8 months old) However, if they are not careful they will be in trouble too.

Kingfisher - I think this will survive as Vijay Mallya has deep pockets and is slowly carving a niche for itself as a premium full service airline. It will be the Virgin Atlantic of India with attractive fares, attractive services and of course - attractive crew

IndiGo - well if the airline has ordered 100 A320s already - what can one say. We will have to wait and watch how they start off!!

Air Deccan - This is the big one. I think it will survive, but will have to stick to its model of a low-cost people friendly airline. However, it better start improving its brand image and earn the trust and respect of the travelling public - meaning get rid of delays and cancellations.

Not really! They plan to add only one aircraft per month. This means even their 10th-15th aircraft is not off the assembly line yet.

The 100th aircraft will take more than 5 years to arrive!! Things would have drastically changed by then......