Preview

Air India essay

Powerful Essays
Open Document
Open Document
3277 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Air India essay
AIR INDIA

CONTENTS

* INTRODUCTION * HISTORY * DESTINATIONS * FLEET * CODE SHARE AGREEMENTS * AWARDS AND RECOGNITIONS * CRITICISM AND CONTROVERSY * CORPORATE AFFAIRS AND IDENTITY * FINANCIAL CRISIS * RE-PRIVATISATION PLANS * RETURN TO PROFITABILITY PLANS * THE GOVERNMENT IS STUCK IN * AN UNENVIABLE POSITION ON AIRINDIA * CONCLUSION

Air India
INTRODUCTION
Air India is the flag carrier airline of India. It is part of the government of India owned Air India Limited (AIL). The airline operates a fleet of Airbus and Boeing aircraft serving Asia, Europe and North America. Its corporate office is located at the Air India Building at Nariman Point in South Mumbai. Air India has two major domestic hubs at Indira Gandhi International Airport and Chhatrapati Shivaji International Airport. An international hub at Dubai International Airport is currently being planned.
Air India has the fourth largest share in India's domestic air travel market, behind Jet Airways, IndiGo and Spice Jet, as of May 2012. Following its merger with Indian Airlines, Air India has faced multiple problems, including escalating financial losses, discontent amongst employees, and poor customer service. Between September 2007 and May 2011, Air India's domestic market share declined from 19.2% to 14%, primarily due to stiff competition from private Indian carriers. In August 2011, Air India's invitation to join Star Alliance was suspended due to its failure to meet the minimum standards for the membership.[7] In October 2011, talks between the airline and Star Alliance have resumed. In April 2012, the Indian government granted another bailout package to Air India, including Rs300 billion ($5.8 billion) of subsidies. * |

History
Early years
Air India was founded by J. R. D. Tata in July 1932 as Tata Airlines, a division of Tata Sons Ltd. (now Tata Group). On 15 October 1932, J. R. D. Tata flew


Bibliography: http://www.thehindu.com/news/national/article3306795.ece http://www.hindustantimes.com/News-Feed/SectorsAviation/Air-India-risks-losing-govt-bailout-as-pilots-strike/Article1-853788.aspx http://www.moneylife.in/article/why-is-the-government-eager-to-bailout-kingfisher-instead-of-air-india/21351.html http://www.dailypioneer.com/columnists/item/51120-bailing-out-sick-airlines.html http://www.tehelka.com/story_main52.asp?filename=Op280412proscons.asp http://blogs.reuters.com/india/2012/06/05/air-india-should-we-shut-it-down/
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Air Canada essay
    • 749 Words
    • 3 Pages

    Air Canada essay

    Headquarters: La Rondelle ("The Puck" in French); a 7 story building that serves as the corporate headquarters of Air Canada, located on the grounds of Montréal-Pierre Elliott Trudeau International Airport and in Saint-Laurent,Montreal, near Dorval.…

    • 749 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Company Profile
    • 772 Words
    • 4 Pages

    Company Profile

    Jet Airways (India) Limited (JAIL) formed on 1st Apr, 1992 started as a private company Air Taxi Operator on 5th May, 1993 with a fleet strength of four leased Boeing 737 aircraft alongwith an ISO…

    • 772 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Air India Marketing Strategy
    • 1264 Words
    • 6 Pages

    Air India Marketing Strategy

    AirIndia is a state-owned flag carrier, the oldest airline of India. It is part of the Indian government-owned AI Limited. The airline operates a fleet of Airbus and Boeing aircrafts.…

    • 1264 Words
    • 6 Pages
    Good Essays
    Read More
  • Powerful Essays

    Airasia Low Cost Carrier Competition in Indonesia
    • 4244 Words
    • 17 Pages

    Airasia Low Cost Carrier Competition in Indonesia

    AirAsia established in 1993 and start their operation in 1996, AirAsia owned by DRB-Hicom. In 2001, Tune Air Snd Bhd company that owned by Tony Fernandes purchase AirAsia from DRB-Hicom. Then since that time AirAsia do rebranding and relaunching as a low-fare carrier. As AirAsia…

    • 4244 Words
    • 17 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Air India Strategy
    • 3539 Words
    • 15 Pages

    Air India Strategy

    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.…

    • 3539 Words
    • 15 Pages
    Powerful Essays
    Read More
  • Better Essays

    Air India’s Role and Its Fast Paced Growth of Aviation Industry in India: an Analytical Approach
    • 2936 Words
    • 12 Pages

    Air India’s Role and Its Fast Paced Growth of Aviation Industry in India: an Analytical Approach

    Air India’s Role and its Fast Paced Growth of Aviation Industry in India: An Analytical Approach…

    • 2936 Words
    • 12 Pages
    Better Essays
    Read More
  • Powerful Essays

    Introduction to AirAsia
    • 10721 Words
    • 43 Pages

    Introduction to AirAsia

    Established in 1993 and officially started its operation on 18 November 1996, AirAsia is a low cost carrier (LCC) airline in the aviation industry. On 2 December 2001, the heavily-indebted government-linked commercial airline was bought over by the current Chief Executive Officer (CEO) of AirAsia, Tony Fernandes. From then, AirAsia cleared its former debts which worthed USD 11 million and became a profit-making low cost carrier.…

    • 10721 Words
    • 43 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    a case study on dabba wala
    • 836 Words
    • 4 Pages

    a case study on dabba wala

    AIR INDIA is one of the oldest and largest commercial air transportation companies in the world. It is established on October 15 1932 as domestic air craft transportation. After successive developments able to fly its first international air craft from Bombay to London. From that situation it has been successful up to the mark till 2009. In these years air India had experienced a golden era which helps to the overall development of the revenue.…

    • 836 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Jet Airways by Naresh Goyal
    • 1753 Words
    • 8 Pages

    Jet Airways by Naresh Goyal

    In January 2006, Jet Airways announced its decision to buy Air Sahara, the only other major private airline, making it the biggest takeover in Indian aviation history. The resulting airline would have been the country's largest, but the deal fell through in June 2006. However, a modified deal went through in April 2007 and Air Sahara became JetLite. In August 2008, the airline announced its plans to fully integrate JetLite into Jet Airways.…

    • 1753 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Good Essays

    Case Study Jet Airways
    • 3959 Words
    • 16 Pages

    Case Study Jet Airways

    Apart from Jet Airways and Air India, Air Sahara was among the only three Indian carriers that flew abroad during that period. Naresh Goyal moved in to buy Sahara a year later for Rs 1,450 crores. Jet Airways fulfilled its desire to be the only “private” Indian carrier…

    • 3959 Words
    • 16 Pages
    Good Essays
    Read More
  • Good Essays

    Air Asia essay summary
    • 3279 Words
    • 14 Pages

    Air Asia essay summary

    AirAsia Berhad was established in 1993 and began operations on 18 November 1996. It was originally founded by government owned conglomerate, DRB Hicom. On 2 December 2001, the heavily in debted airline was bought by former Time Warner executive Tony Fernandes’s company Tune Air Sdn Bhd for the token sum of one ringgit (about USD 0.26 at the time) with USD 11 million (MYR 40 million) worth of debts. Fernandes turned the company around, producing a profit in 2002 and launching new routes from its hub in Kuala Lumpur.…

    • 3279 Words
    • 14 Pages
    Good Essays
    Read More
  • Powerful Essays

    Kingfisher Airlines. King of Good Times??
    • 1926 Words
    • 8 Pages

    Kingfisher Airlines. King of Good Times??

    Indian Aviation Industry is one of the fastest growing markets in the world. But nowadays it is in the news due to different reason. And that is the failure of one of the leading aviation player - Kingfisher Airlines. The airline has been facing financial issues for many years. Till December 2011; Kingfisher Airlines had the second largest share…

    • 1926 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Spice Jet
    • 1504 Words
    • 7 Pages

    Spice Jet

    Ans. After the liberalization policy which was introduced in 1991 the Indian market witnessed the entry of privately owned airlines and LCC. By march 1994, the government had approved six private carriers. However, by 1998 many of these airlines failed. In this closure game, a total of IMR 10 billion of capital was wiped out. By 2003, there were just four carriers operating in India –Air India, Indian Airlines, Jet Airways and Air Sahara - all operating full service models. And private carriers in those days were limited to operating domestic routes only. In 2003 the first LCC entered in India which was the Air Deccan. The entry of this first LCC in India constituted a turning point in Indian aviation industry. It led to a shift from traditional economy and business fares to special discounts, promotional fares, check fares, web fares and corporate discounts. India witnessed a compounded annual growth rate of 19.14% in the air passenger traffic and 9.91 % in cargo movements over the period from 2003-2004 to 2007-2008. This complemented the success of the LCC model referred to as the “no frills airlines” business model. This encouraged other private airlines to emerge. The entry of LCC along with increased FDI inflows, tourist inflows, higher corporate travel, higher household incomes, sustained business growth and supporting government policies, all contributed to the growth of the Indian aviation industry. Today, there are effectively seven major airlines operating 11 different brands.…

    • 1504 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Fdi in Aviation
    • 1926 Words
    • 8 Pages

    Fdi in Aviation

    [pic] New Delhi, Sep 21 (IANS) Civil Aviation Minister Ajit Singh Friday said the government's open-sky policy for foreign investment in domestic airlines has positively affected sentiments in the aviation industry, but it is too early to say how much investment the sector would attract."The sector is going through difficult times and is facing financial stress due to the overall economic slowdown. But the mood is upbeat now after we (government) allowed 49 percent FDI in airlines," Singh told reporters on the sidelines of an Assocham event here."Time will tell how many foreign airlines are interested," Singh added a day after the government notified that the foreign airlines can now pick up 49 per cent stake in domestic passenger carriers.Foreign carriers have so far not been allowed to directly invest in Indian carriers for security reasons, although 49 percent FDI by non-airline players was allowed.The Indian airlines sector has been going through a tough operating environment as high fuel and interest cost have hurt it. The government expects that the decision will help bring in more funds to the airlines who have been cold shouldered by banks.The decision is particularly expected to help airlines like Kingfisher to gain capital and resume full services. Other Indian carrier's require funds for expansion and to gain market share.International airlines have welcomed the government move. Ccarriers like Singapore Airlines, Emirates and the International Airlines Group (IAG), which owns British Airways and Iberia, have said they do not have any immediate plans to invest in India.Virgin Atlantic and Lufthansa also said they were not keen on investing in India at the moment.Middle East airline Etihad Airways has said it will wait for all the modalities of the new reforms are clear.Several such overseas carriers contacted by IANS and aviation watchers said high jet fuel cost, an extremely price-sensitive market, huge debt of the carriers and…

    • 1926 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Jet Airways
    • 5164 Words
    • 21 Pages

    Jet Airways

    India is the 9th largest aviation market in the world. According to the Ministry of Civil Aviation, around 29.8 million passengers travelled to/from India during 2008, an increase of 30 per cent on previous year. It is predicted that international passengers will grow up to 50 million by 2015. Further, due to enhanced opportunities and international connectivity, 69 foreign airlines from 49 countries are flying into India.…

    • 5164 Words
    • 21 Pages
    Powerful Essays
    Read More

Related Topics