Analysis Of Airlines

Financial Statement Analysis spout AIRWAYS Presented to Prof. Sudhir Jaiswal Indian Institute of Management, Calcutta In partial fulfillment of the indispensableness for the Corporate Financial Reporting 02 September, 2011 Avi Saxena (0087/48) Deepan Malik (0111/48) Rohan Chalsani (0100/48) Arya Dey (0077/48) S. Nivetha (4026/18) PGP-I, section B IIM Calcutta 1. General confederation Information Name of the Company: devastation chair of the BoD: caput Executive Officer: jet-propelled plane Airways Naresh Goyal Nikos Kardassi Jet Airways is the largest Indian Airlines and a commercialize attractor in the interior(prenominal) sector. Jet Airways, along with its low cost subsidiary, JetLite, had an estimated market serving of 25.4% in the nigh recently concluded financial year. It has a fleet coat of 97 aircrafts is renowned as angiotensin converting enzyme of the youngest fleets in the world. It move to 75 destinations, with 24 of them creation pla meshingary destinations. THE INDUSTRY scout: The worst sort of demarcation is adept that grows rapidly, requires significant working capital to engender the growth, and then earns infinitesimal or no money. speculate airlines. Here a indestructible emulous advantage has prove elusive ever since the historic period of the Wright Brothers.

Indeed, if a far-offsighted capitalist had been present at skunk Hawk, he would oblige make his successors a huge regard by shooting Orville down. warren Buffett, annual letter to Berkshire Hathaway shareholders, February 2008. The above credit summarizes the performance of the airlines intentness in India. For majority of the years since the inception, as well as the years in promontory for our analysis, the firms have been making net losses, with their operate costs (specially the gentle wind evoke cost) increasing at a rate far to a greater termination than the rate of increase of the operating revenues. The demand for the industry is highly elastic and it is affected a lot by the inauspicious global events, like the scotch crisis of 2008, the global meltdown dummy space the crisis, the earthquake and tsunami of Japan. The...If you deficiency to get a safe essay, state it on our website: Ordercustompaper.com

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