[kumarvvr]

Cheap inputs are temporary.

What is happening is that for decades, Indian govts have not focussed much on infra development. Current govt, which is in power for past 9 years, has put infra development on a rocket sled, with special focus on highways, railway stations, freight and airports.

Also, air travel is just within the reach of middle-middle class and above. Cirporate bookings are also on the rise.

On the whole, a huge boom is in the works. But dampners include eventual high prices and inefficiencies of logistics and poor management.

Indian are cheap travellers, and cutting 5 USD on a ticket that has no snacks means people will throng to it.

Market is astronomically competitive and consumers are very high price sensitive.