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A LIVE PROJECT ON
“A Comparative analysis of service provided by
airline industry in India”
SUBMITTED BY
SAGAR ACHARJEE
ID NO- 23IUT0160055
PROGRAM–MBA1ST YEAR
COURSE CODE – INM552
SUBJECT– MACROECONOMICS & BUSINESS
ENVIRONMENT
GUIDED BY – PRADIP CHOUHAN
ICFAI UNIVERSITY TRIPURA
2
Kamalghat,Mohanpur,Tripura-799210
ACKNOWELDGEMENT
I would like to extend my sincere gratitude to Prof. Pradip Chouhan,our
resteemed faculty for the subject " Business Analytics-II," for guiding and
supporting us throughout the live project on " A Comparative analysis of
service provided by airline industry in India”
Prof. Pradip Chouhan invaluable insights, mentorship, and unwavering
encouragement have been instrumental in shaping our understanding of
financial statement analysis and its practical application. We are deeply
appreciative ofthe knowledge and expertise shared with us during this
project.
Furthe rmore, I would like to express my appreciation to my fellow students
who collaborated on this project. Their collective efforts and dedication have
contributed significantly to the successful completion of this analysis.
This project has been a valuable learning experience, and we acknowledge
Prof. Pradip Chouhan contribution in making it a rewarding endeavour.
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TABLE OF CONTENTS
SL.NO PARTICULARS PAGE NO
1 Introduction 2
2 Objective 3
3 Methodology 4
5 Importance, 5-8
About,Benefit of
warehouse
6
Collected data of two
local market
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Conclusion
8 Conceptual
Relevence
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INTRODUCTION
The airline industry in India has undergone remarkable growth and transformation
over the past few decades, emerging as one of the fastest-growing aviation markets
globally. With the liberalization of the Indian economy in the early 1990s, the
sector witnessed a surge in competition and innovation, leading to significant
advancements in infrastructure, technology, and services. Today, India boasts a
diverse landscape of airlines, ranging from full-service carriers to low-cost carriers,
catering to the varying needs and preferences of a burgeoning air travel market.
Despite facing challenges such as regulatory constraints, fluctuating fuel prices,
and infrastructure bottlenecks, the Indian aviation industry continues to expand,
driven by increasing domestic and international travel demand, rising disposable
incomes, and a growing middle class. As the industry evolves and adapts to
changing market dynamics, stakeholders remain focused on enhancing safety
standards, improving operational efficiency, and leveraging digital technologies to
ensure sustainable growth and competitiveness in the global aviation arena
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COMPANY PROFILE
SpiceJet
SpiceJet, a prominent player in the Indian aviation industry, has solidified its
position as a leading low-cost carrier since its establishment in 2005. With its
distinctive orange livery adorning the skies, SpiceJet has become synonymous with
affordable air travel options for millions of passengers. The airline's commitment
to providing economical fares coupled with a robust network of domestic and
international routes has propelled it to the forefront of India's aviation
landscape.SpiceJet's fleet, consisting of modern Boeing and Airbus aircraft,
reflects its dedication to ensuring passenger comfort, safety, and operational
efficiency. Beyond its competitive pricing strategy, the airline distinguishes itself
through a range of services tailored to meet diverse traveler needs. From budget-
conscious individuals to corporate clients, SpiceJet caters to a wide spectrum of
passengers, offering a seamless and hassle-free flying experience.
Name: SpiceJet Limited
Founded: 2005
Headquarters: Gurgaon, Haryana, India
Key Figures:
Chairman & Managing Director: Ajay Singh
CEO: Sanjiv Kapoor
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INDIGO
IndiGo, India's largest and most successful airline, has transformed the country's
aviation landscape since its inception in 2006. With its distinctive blue and white
livery gracing airports nationwide, IndiGo has emerged as a symbol of reliability,
efficiency, and affordability in air travel.From its humble beginnings, IndiGo has
rapidly grown into a dominant force, capturing a significant market share and
setting new benchmarks for operational excellence. The airline's focus on offering
low fares combined with a high-quality flying experience has resonated with
passengers across demographics, making it the preferred choice for millions of
travelers.IndiGo's fleet, comprising modern Airbus A320 and A321 aircraft,
underscores its commitment to safety, comfort, and fuel efficiency. The airline's
relentless pursuit of operational efficiency, punctuality, and customer satisfaction
has earned it numerous accolades and distinctions, cementing its reputation as a
trailblazer in the industry.
Company Name: InterGlobe Aviation Limited (trading as IndiGo)
Founded: 2006
Headquarters: Gurgaon, Haryana, India
Key People:
Rahul Bhatia (Co-founder and Director)
Rakesh Gangwal (Co-founder and Director)
Ronojoy Dutta (CEO)
.
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SpiceJet and InterGlobe Aviation (IndiGo) contribute to the GDP growth of
India
1) Direct Contribution to GDP:
SpiceJet:
Revenue from ticket sales, cargo services, and ancillary services.
Net Sales (Rs m): 88,736
Other income (Rs m): 10,235
Total revenues (Rs m): 98,971
IndiGo
Revenue from ticket sales, cargo services, and ancillary services.
Net Sales (Rs m): 544,465
Other income (Rs m): 14,352
Total revenues (Rs m): 558,816
2) Employment Generation:
SpiceJet:
Number of employees: Not available
Total wages/salary (Rs m): 8,800
IndiGo
Number of employees: Not available
Total wages/salary (Rs m): 47,948
3) Tourism and Trade Facilitation:
SpiceJet:
Facilitates tourism and trade through air travel.
IndiGo
Facilitates tourism and trade through air travel.
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4) Infrastructure Development:
SpiceJet:
Invests in airport infrastructure and related facilities.
Net fixed assets (Rs m): 56,295
IndiGo
Invests in airport infrastructure and related facilities.
Net fixed assets (Rs m): 353,753
5) Multiplier Effect:
SpiceJet:
Stimulates additional economic activity through increased spending
and development of new businesses.
IndiGo
Stimulates additional economic activity through increased spending
and development of new businesses.
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OBJECTIVE
To analysis of service provided by Airline industry in India
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METHODOLOGY
I have used various tools technique and analysis to complete the survey for the above
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FACTS AND OBSERVATION
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CONCEPTUAL RELEVENCE
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CONCEPTUAL RELEVANCE