I supposed it all comes down to which business model works. As I have alluded to earlier, Indian end-users, in almost all consumer sectors, are very price sensitive. There really isn't a market to support premium service airlines as there is in the west.

The premiums here are becoming LCCs (as we are painfully aware almost everytime we get into a plane) as that is what works at the end of the day.

Unfortunately, as airlines are all in poor financial health, one has to wonder if the LCC model will become a permanent model...maybe some upstart in the future will again launch premium services.