Case Study Of Air India

Air Canada was founded in 1937, it was privatized in 1989. After facing net losses from 1990-1993, entered into profits in 1994. It was a founding member of star alliance in 1997, which has 27 partners headquartered in Montreal.

For the engine cost, there is also a positive correlation thus; increase in this cost may also vary in the increase in average age of fleet per hour. However, on this cost, only 61% is determined in the regression equation. Like in the airframe cost, there will be additional 2.6 in cost for every hour of average age in thousands.

Established in 2005, until December 2011, Kingfisher Airlines had the second largest share in India's domestic air travel market. However, the airline had been facing financial issues for many years, and due to a severe financial crisis faced by the airline at the beginning of 2012, this share dropped to the lowest in the market in April 2012.

On February 29, 1996, WestJet Airlines came to life. They became the face of low-cost, short-haul, point-to-point airline for Western Canada. The organization began when entrepreneur Clive Beddoe, president of Hanover Group of Companies purchased an aircraft for personal use. Beddoe later made his aircraft available to other business people through Morgan Air, owned and operated by Tim Morgan. Tim Morgan, along with Calgary businessmen Don Bell and Mark Hill found an opportunity to start an airline. They all reached out to David Neelman, who was president of Morris Air and asked for assistance on writing the business plan for WestJet. They joined forces and WestJet Airlines came to life. They all held a different position and Beddoe was the president, chief executive officer, and chairman of the board of directors. Bell and Morgan were senior vice-presidents and Hill was the vice president. When WestJet first began, they only flew to Vancouver, Kelowna, Calgary, Edmonton, and Winnipeg. They now fly to 102 destinations in 19 different countries. In addition, they also increased the amount of aircraft they own. WestJet began in 1996 with just two aircraft and by August of 2000, they increased to 94 aircraft. Not only did they increase aircraft, but employees too. Their workforce expanded to 30,000 employees. On July 1999, WestJet hit a huge milestone when it completed its initial public offering of 2.5 million common shares. Clive Beddoe

Air India began its services in 1932 and has been operating in India for the last 78 years. It is the oldest passenger flight of India. The government of India holds 49% of Air India’s share with an option to acquire 2% more since 1946. This made Air India a public sector thus enabled it to operate flights internationally. In spite of being a public sector company Air India has been running in loss for the past 10 years.

They were the only major airline that didn’t file bankruptcy after the aftermath of the terrorist attacks in 2001 that triggered a deep slump in the airline industry. In the beginning of 2013 they had announced their plans to merge with US Airways to create the largest airline in the world. At the end of 2013, the merger had been completed to create the new holding company of American Airlines Group. After the merger, both companies had eliminated hubs in less populated areas as well as reduce capacity. This drove airfare price higher.

There were few players at the time of independence including Tata Airlines, Indian National Airways, Deccan Airways .In 1953 ,the government nationalized the

Airline Industry is 500 billion dollars, creative and dynamic industry. In early 2001, airline business was going through very rough patch because of economic crisis

When thinking about airline companies, most people naturally gravitate to the big name carriers of current times. Delta, American, United, and Southwest usually top the list of companies that come to mind when discussing airline companies. Throughout history, however, a multitude of airlines have operated in the United States and abroad. Some of these merged or were bought by other companies forming the mega airlines we see today. Others were not so fortunate. The airline industry is a complicated business with high costs and narrow profit margins. Many airlines have simply succumbed to these challenges unable to turn a profit. One of these companies, most people have

When thinking about airline companies, most people naturally gravitate to the big name carriers of current times. Delta, American, United, and Southwest usually top the list of companies that come to mind when discussing airline companies. Throughout history, however, a multitude of airlines have operated in the United States and abroad. Some of these merged or were bought by other companies forming the mega airlines we see today. Others were not so fortunate. The airline industry is a complicated business with high costs and narrow

The viability and profitability of an association had dependably been of extraordinary concern to all business associations and administrators. Numerous variables in hierarchical structure and framework had been distinguished to assess the proficiency and adequacy of administration frameworks in associations.

They also employed the deny crisis response strategy, scapegoat, by pushing the blame to Bombardier. John Dueholm, the Vice President of Scandanavian Airlines, stated that they held Bombardier liable even before the exact cause of accidents were confirmed. They did not stop there but they also extended the scapegoating to Goodrich, Bombardier’s supplier of landing gear, and demanded compensation of from Bombardier. Scandanavian Airlines also played the victim in this crisis by claiming that Bombardier misinformed them about the components’ faults and frequently used the bolstering crisis response strategy.

Being the world’s largest airlines regarding revenue and fleet size, American Airlines operates extensive networks both the local and international. The company has its headquarters based in Fort Worth, Texas. United Airlines is the biggest airline in the United States by some destinations served. American Airlines becomes the second largest Airline regarding the number of destinations served. It has a vast area of operation, operating from its main hub at Fort Worth to Washington D.C. other hubs of operation are at, Los Angeles, Charlotte, Chicago-O’ Hare, Miami, New York-JFK, York-LaGuardia, Philadelphia, and Phoenix (McNally et al, 2013). The main maintenance base for the American Airlines is at Tulsa International Airport.

The motivation behind this report is to speak about structure of business sector division and how it is connected to functional business with estimating interest and better basic leadership and future planning that makes an approach to complete targets for an organization or a company.

The project requires the student to carry out a research, analysis and discussion on how a Singapore listed company can access to the country’s financial system and how it benefits the company in achieving its business objective. The research will cover the various types of financial services offered by financial intermediaries whom the corporation can access to.