Financial Statement Analysis spurt AIRWAYS Presented to Prof. Sudhir Jaiswal Indian Institute of Management, Calcutta In partial fulfillment of the prerequisite 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, component part B IIM Calcutta 1. General high society Information Name of the Company: stopping point chair of the BoD: headspring Executive Officer: jet-propelled plane Airways Naresh Goyal Nikos Kardassi Jet Airways is the largest Indian Airlines and a market attraction in the interior(prenominal) sector. Jet Airways, along with its low cost subsidiary, JetLite, had an estimated market serving of 25.4% in the roughly recently concluded financial year. It has a fleet size 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 being pla authorizeary destinations. THE INDUSTRY learning ability: The worst sort of backup is adept that grows rapidly, requires significant cap to engender the growth, and then earns shrimpy or no money. bet airlines. Here a perdurable emulous advantage has turn out elusive ever since the geezerhood of the Wright Brothers.
Indeed, if a farthestsighted capitalistic had been present at toilet Hawk, he would oblige make his successors a huge respect by shooting Orville down. rabbit warren Buffett, annual letter to Berkshire Hathaway shareholders, February 2008. The preceding(prenominal) credit summarizes the performance of the airlines application in India. For majority of the historic period since the inception, as well as the years in inquiry for our analysis, the firms have been making net losses, with their operational costs (specially the aura evoke cost) increasing at a rate far to a greater tip than the rate of increase of the operating revenues. The demand for the industry is super elastic and it is affected a lot by the forbidding global events, like the sparing crisis of 2008, the global meltdown mindless space the crisis, the earthquake and tsunami of Japan. The...If you compulsion to get a upright essay, state it on our website: Orderessay
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