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Air India

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Air India
Table of Contents:
1) Executive Summary…………………………………………………………………………………………….2
2) Introduction & Rise of the aviation industry in India…………………………………………...3
3) INtorduction of Air India and its International Presence……………………………………….….4
4) Code share agreements of Air India ……………………………………………………………….……5
5) Air India’s Market Share………………………………………………………………………………………5
6) Financial Analysis with the ratios
Profitability Ratio.....................................................................................7
Liquid ratio………………………………………………………………………………………………….8
Financial Leverage Analysis…………………………………………………………………………10
Financial Activity Analysis…………………………………………………………………………..12

7) Kingfisher Airlines- The competitor………………………………………………………………….13
8) Financial statement analysis with the ratios
Profitability Ratio……………………………………………………………………………………15
Liquid ratio…………………………………………………………………………………………….16
Financial Leverage Analysis…………………………………………………………………….18
Financial Activity Analysis………………………………………………………………………19

9) Outlook(Domestic & International)……………………………………………………………….23
10) Risks & Social Cultural Risk.…………………………………………………………………………..25
11) Conclusion……………………………………………………………………………………………………26
12) Recommendation…………………………………………………………………………………………26
13) References…………………………………………………………………………………………………27

Executive Summary
The first assignment introduces us to the Indian National Carrier Air India, its overview, the aviation industry of India and also the rise and fall of the Flagship carrier. After a critical analysis of the first airline, we will also discuss about its competitor the Kingfisher Airlines, its overview and how both the airlines fell into a severe financial distress and also their financial statements which led to the financial distress.
The global recession occurred in the 2008, but before that due to the merger of Air India with that of Indian airlines, the national carrier hit a huge debt ridden costs which led to


References: Indian Aviation Industry, 2012, Summary.(online) (http://www.icra.in/Files/ticker/Indian%20Aviation%20Industry%20(NEW).pdf) [Accessed on 10th December 2012] Air India, 2012, History, Post War Expansion, (online)http://en.wikipedia.org/wiki/Air_India) (http://en.wikipedia.org/wiki/Air_India ) [Accessed on 10th December 2012] Debt To Total Assets Ratio, 2012, Debt to Total Assets (online) Debt to Equtiy Ratio, 2012, Debt Equity ratio (online)  (http://www.investopedia.com/terms/d/debtequityratio.asp#ixzz2Ee5aKPrZ) [Accessed on 10th December 2012] Kingfisher Airlines, History, 2012 (online) [Accessed on 11th December 2012] Debt To Total Assets Ratio, 2012, Debt to Total Assets (online) Debt to Equtiy Ratio, 2012, Debt Equity ratio (online)  (http://www.investopedia.com/terms/d/debtequityratio.asp#ixzz2Ee5aKPrZ) [Accessed on 11th December 2012] Indian Aviation Outlook, Air India , 2012 (online) Indian Aviation Outlook, Kingfisher Airlines, 2012 (online) (http://www.capaindia.com/PDFs/CAPA-India-Aviation-Outlook2012-13-Highlights.pdf) Kingfisher Airlines, Annual report, 2011-2010, (online) http://www.flykingfisher.com/pdf/Kingfisher%20Annual%20Report%20-%201%20-%2029.09.2011.pdf
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