STUDY OF THE SCENARIO OF INDIAN AVIATION INDUSTRY IN A SPAN OF FIVE YEARS AND THE RISE AND FALL OF KINGFISHER AIRLINES IN THOSE YEARS. Indian Aviation Industry It is one of the fastest Growing Aviation Market. There are approximately one billion people and 0.05% of them fly. More and more middle class families now prefer air transport than other traditional mode of transport. The Indian travel market has nearly tripled to $ 51 billion by 2011, from $16.3 billion in 2005-06.
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East-West, Modiluft, Air Sahara and NEPC, entered the industry. However, a decade later none of them have survived. Today the Indian Aviation sector is dotted with new players like Air Deccan, Indian Airlines, SpiceJet, GoAir, Air Indigo, KingFisher, Jagson Airlines and Jet Air. Key characteristics of the industry Limited Air Infrastructure The airline industry is most sensitive about the cost of aviation turbine fuel (ATF). This contributes to 40-45% of an airline’s operating costs
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information by the users is to enable themselves to make economic or investment decisions. Europe’s largest home improvement retail group Kingfisher publishes its financial statements every financial period following the accounting principles like other companies. Different sorts financial data and information are accumulated in the financial statements of Kingfisher Company. All information is not needed by all kinds of users of the information. Following the IASB’s Conceptual Framework, to be useful
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PART 3: DIAGNOSING THE CHANGE Change is inevitable to every organization. For the sustainability of the company Kingfisher Airlines it is necessary to diagnose the various change agents and keep them upgraded so that the flexibility against the unforeseen market failures could be mitigated at large. For effective change management and implementation of newer changes Kingfisher Airlines need to reshuffle its workforce and human resource management needs to be improvised at large (Hindustan Times
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CHAPTER –1 INTRODUCTION 1 1.1 INTRODUCTION OF THE PROJECT Project Title : “Comparative analysis of packaged drinking water of Kingfisher with other market players” Name of the Organization: UNITED BREWERIES GROUP (UB GROUP) Name of the Company : KINGFISHER LIMITED Manufactured & Marketed By: ICEBERG FOODS LIMITED Project Head & Supervisor: Mr. Mangesh Arnalkar (Regional Sales Manager) Project Duration: 7th June 2010 to 30th July 2010 2 The study
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REASON BEHIND KINGFISHER AIRLINE’S FAILURE: “AN EYE OPENING CASE STUDY REVEALING THREE KEY WORDS FOR AVIATION INDUSTRY SUCCESS: COSTS, COSTS, COSTS” * JAYANT SRIVASTAVA (Asst. Professor, Trinity Business School, Murad Nagar, Ghaziabad) ** ASAD ALI & AKANSHA TIWARI (Students PGDM, Trinity Business School) ABSTRACT: Our research paper try to throw lights on some major reasons which were somehow responsible for the current crisis going inside the kingfisher Airlines which can be realized by the press
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CHAPTER- 1 1.1: INTRODUCTION The word 'business' is actually derived from the idea of 'busy-ness'. This idea accurately describes most organizations: they are busy organizing resources, producing, selling, managing people and keeping track of finances. The people running the business have to organize people, money, materials and machines to produce a good or service to sell or give to their customers. Organisations: Since the dawn of time,
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NON-PERFORMING ASSET An asset becomes non-performing when it ceases to generate income for the bank or financial institution. In the past RBI had sets guidelines for an asset to be classified as an NPA. An asset was considered as non-performing asset based on the concept of Past Due; a credit in respect of which interest/instalment of principal remained past due for a specific period of time. The specific period was reduced in a phased manner. An amount was considered as past due if it remained
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Task 1 Kingfisher plc, the Europe’s leadership holder in home improvement retailers and in third position all over the world conducting 1200 stores in nine countries of Asia and Europe. It is Europe’s largest home improvement retail group and the third largest in the world, with over 1,170 stores in eleven countries in Europe and Asia. Its main retail brands are B&Q, Castorama, Brico Dépôt, Screwfix. Kingfisher also has a 50% joint venture business in Turkey with Koç Group. Kingfisher plc is
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The term Business Environment is composed of two words ‘Business’ and ‘Environment’. In simple terms, the state in which a person remains busy is known as Business. The word Business in its economic sense means human activities like production, extraction or purchase or sales of goods that are performed for earning profits. On the other hand, the word ‘Environment’ refers to the aspects of surroundings. Therefore, Business Environment may be defined as a set of conditions – Social, Legal, Economical
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