FINANCIAL MANAGEMENT (BMT6001)
MINI PROJECT
“A Study of Various Financial Management Decisions in selected Airline Industry of India”
Submitted to
Prof. SHANTHAKUMARI S.S – VITBS
Submitted by
M. Abhishek - 15MBA0037
P.Dwarakesh Reddy – 15MBA0019
N.Govardhan – 15MBA0002
CONTENTS
S.No
TITLE
Page No.
1.
INTRODUCTION TO THE INDUSTRY
3-5
2.
INTRODUCTION TO THE INDUSTRY
6-12
3.
REVIEW OF LITERATURE
13-14
4.
RESEARCH METHEDOLOGY
15-16
5.
ANALYSIS AND INTERPRETATION
17-41
6.
CONCLUSION
42-44
7.
REFERENCES
45
CHAPTER - I
INTRODUCTION TO AIRLINE INDUSTRY
Air travel remains a large and growing industry. It facilitates economic growth, world trade, international investment and tourism and is therefore central to the globalization taking place in many other industries.
In the past decade, air travel has grown by 7% per year. Travel for both business and leisure purposes grew strongly worldwide. Scheduled airlines carried 1.5 billion passengers last year. In the leisure market, the availability of large aircraft such as the Boeing 747 made it convenient and affordable for people to travel further to new and exotic destinations. Governments in developing countries realized the benefits of tourism to their national economies and spurred the development of resorts and infrastructure to lure tourists from the prosperous countries in Western Europe and North America. As the economies of developing countries grow, their own citizens are already becoming the new international tourists of the future.
Business travel has also grown as companies become increasingly international in terms of their investments, their supply and production chains and their customers. The rapid growth of world trade in goods and services and international direct investment have also contributed to growth in business travel.
Worldwide, IATA, International Air Transport Association,...