KINGFISER AIRLINES : A CASE STUDY I stand today in the skeletal remnants of a game changing and trend setting carrier that during its hey days connected 72 centers through 420 daily flights on 77 aircrafts. –Vijay Mallya (source: http://theubgroup.com/ubprofile_UBHL.aspx) INTRODUCTION: Kingfisher airlines limited was established by the United Breweries group of Vijay Mallya in 2003 but commenced operations on 9th May 2005 on Mumbai to Delhi route with a fleet size of 4 A320’s(source : http://en
airline went into bankruptcy recently. Unstable top management coupled with some bad decisions hampered the growth of kingfisher Airlines. Constant change in the management, sudden shift from economy segment to luxury segment, a decision to buy Air Deccan even though Kingfisher was not making enough profits, lack of strategic decision from top management to tackle the soaring fuel prices tied with some other unhealthy decisions made them to face the contraction portion of business cycle. Kingfisher
history of Indian Aviation industry lies back in the year 1912.The first domestic flight was taken between Delhi and Karachi by the Indian State Air Services. Tata Airlines started with an air mail service in the year 1912.It was renamed as Air India in 1946. There were few players at the time of independence including Tata Airlines, Indian National Airways, Deccan Airways .In 1953 ,the government nationalized the
Four and a half billion years ago, the debris and dust left from the formation of the sun coalesced to form our home planet. 3.5 billion years ago, the first living organisms appeared on Earth. About 230 million years ago, Dinosaurs diverged from their Archosaurs ancestors during the middle to late Triassic period. For 160 million years they have dominated our planet. They are dubbed the most successful species to have lived on Earth. However, 65 million years ago, the most recent mass extinction
low cost airline, is promoted by Wadia Group and started its operations in 2005. It is the 5th largest Airline in India. ➢ Air Deccan Air Deccan , being India’s first low cost airline, is a part of Deccan Aviation Private Limited, which is India's largest private heli-charter company. Established in 2003 and started operations in August that year, it has revolutionized air travel in India. It was taken over by Kingfisher Airlines in 2008. ➢ Paramount Airways Paramount Airways,
International Oil Inflation & Airlines Industry Prepared for Prof. Mahima Sharma Faculty Member Jaipuria Institute of Management Prepared by Shailesh Bharadwaj (cft07_128) Sanjeev Prasad (cft07_130) Sarita Singh (cft07_131) Saurabh Bansal (cft07_135) Shashank Anand ( cft07_138) Students, PGDM- Trimester-4 July 31, 2008 INTRODUCTION This report has been made to draw the attention of the people how the aviation industry has been dependent upon the Oil prices. Since the research
MANAGEMENT CONTROL SYSTEM BY BCCI For IPL In partial fulfillment for the requirement of “Management Financial System” course in two years full time Masters of Business Administration (MBA) programmed of Gujarat Technological University (GTU) Prepared By: Jatin patel [09059] Vineet Modi [09042] Sheenam Gupta [09025] Pranav Shah [09087] Harsh Rajwani
EXECUTIVE SUMMARY Towards the fulfillment of project program, a study was conducted at Stock Holding Corporation of India Ltd., Bangalore. The corporate exposure learning program involved in the study of Investors Perception on IPO’s and to analyze the selected IPO’s in the year 2006. Among various modes of raising fresh capital, the equity issue started gaining momentum in India during early 1980’s. It reached the peak during early 1990’s. Many companies made public issue during
neighbors. . . . What railways have done for nations, airways will do for the world.” — Claude Grahame-White, 1914. The subject that I am taking up in this context, to further research in, as per the allotted curriculum is called International Air Law. The topic that I shall be taking up in brief in this First Draft Synopsis is called “Alliances and Partnerships in Civil Aviation”. I shall be targeting this topic largely from the Indian Perspective, although glimpses of global principles and
Case was filed in a United Kingdom court on 16 July 2010 after Kingfisher did not pay for three-month lease rental for Airbus A320 aircraft it leased from DVB Hindustan Petroleum Corporation Limited(HPCL): In July 2011, HPCL stopped the fuel (ATF) supplies