BAV_Aviation_Industr - A BUSINESS ANALYSIS REPORT On Aviation Industry(Kingfisher and SpiceJet Submitted In Partial Fulfillment Of BUSINESS

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A BUSINESS ANALYSIS REPORT On Aviation Industry (Kingfisher and SpiceJet) Submitted In Partial Fulfillment Of BUSINESS ANALYSIS AND VALUATION Prepared By Akhil Das (2010H149203P) Amitesh Tiwari (2010H149204P) Aditya Singh (2010H149222P) Anshul Singhal (2010H149231P) Mayank Jaswal (2010H149252P) Ashish Aggarwal (2010H149257P) BIRLA INSTITUTE OF TECHNOLOGY & SCIENCE PILANI, RAJASTHAN-333031
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INTRODUCTION India is currently the ninth largest aviation market in the world, according to a RNCOS report “Indian Aerospace Industry Analysis”. The Government's open sky policy has attracted many foreign players to enter the market and the industry is growing in terms of both players and the number of aircrafts. Given the strong market fundamentals, it is expected that the civil aviation market will register a compound annual growth rate (CAGR) of more than 16 per cent during 2010-2013 India's domestic air traffic grew at a rate, which is the second highest after Brazil, according to global figures for June 2011, compiled by IATA (Air Transport Association). The country's domestic traffic grew by 14 per cent in the same period as against Brazil's 15.1 per cent. Passenger traffic has grown at 18 per cent year on year (y- o-y) basis and the year 2010 closed at 90 million passengers both domestic and international. In July 2011, airlines in India handled 5 million domestic passengers, according to data released by the Directorate General Civil Aviation (DGCA) on September 12, 2011, marking the 11th consecutive month of double-digit growth. India’s domestic market has witnessed passenger growth for 26 consecutive months now. In July 2011, India’s airlines handled 1.3 million international passengers, an increase of 8.5 per cent y-o-y, according to DGCA. Passengers carried by domestic airlines during Jan-Aug 2011 were 39.63 million as against 33.41 million during the corresponding period of previous year thereby registering a growth of 18.6 per cent, according to data released by DGCA.
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Why Kingfisher and SpiceJet? Kingfisher Airlines was established in 2003. It is owned by the Bangalore based United Breweries Group. The airline started commercial operations in 9 May 2005 with a fleet of four new Airbus A320-200s operating a flight from Mumbai to Delhi. It started its international operations on 3 September 2008 by connecting Bangalore with London. Its head office is Kingfisher House in Vile Parle Mumbai. Kingfisher Airlines, through its parent company United Breweries Group has a 50% stake in low-cost carrier Kingfisher Red. Kingfisher Airlines is one of the only seven airlines awarded 5-star rating by Skytrax. Kingfisher operates more than 375 daily flights to 71 destinations, with regional and long-haul international services. Kingfisher Airlines serves 63 domestic destinations and 8 international destinations in 8 countries across Asia and Europe. Kingfisher's short haul routes are mostly domestic apart from some cities in South Asia, Southeast Asia and
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This note was uploaded on 12/04/2011 for the course ECON 001 taught by Professor Tnaga during the Spring '11 term at Abant İzzet Baysal University.

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BAV_Aviation_Industr - A BUSINESS ANALYSIS REPORT On Aviation Industry(Kingfisher and SpiceJet Submitted In Partial Fulfillment Of BUSINESS

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