Spicejet

Spice green Strategy to be the foodstuff leader by 2015  authorized Market Scenario India is the 9th largest aviation commercialise in the world. Private airlines name for around 80 % portion of the domestic aviation market 70 % of all domestic dealings carried by first cost carriers Domestic traffic grew by 16.5 % in FY 2009-10 emit of super acid Konnect and shift in capacity to Kingfisher Red punish the Low cost business model Key Performance Parameters On time performance with low costs 0.89 % flight cancellations compared to 5.24 % of Jet Airways and 1.46 % of Indigo Most of the full fare services snuff itable on payment Efficient operations 119 flights with 19 aircrafts (best in the industry) long hundred passengers carried, on an average, per flight Operations only on high traffic routes * Data from the 2009-10 annual report Comparison with Jet Airways (the current market leader) Key Parameters Spice Jet Jet Airways Market divvy up Passengers Carried* Number of departures* Passengers per departure* Passenger load factor* summate Revenues 12.4 % 45,93,000 36,165 127 67 % Rs. 707.86 crores 25.5 % 1,10,80,000 1,33,736 83 67 % Rs. 2965.01 crores Net Profit destiny 2.98 - 4.

41 * 2008-09 Figures (Data from the annual reports of the two airlines) SpiceJet uses Boeing 737-800 aircraft which has a capacity of 180 whereas Jet Airways uses variety of aircraft most of whom have a capacity of around 120-140. This has an impact on the operating expenses of the companies which is reflected in their profit margins.  incoming Trends Passenger traffic is estimated to grow at a 15% CAGR to 280 million by 2020 New airports being constructed would give infract connectivity to Tier II cities Due to widespread usage of videoconferencing solutions and cost cutting by corporates, business class travellers will decline riddle Areas Passengers have little to differentiate between Indigo and SpiceJet1 fix to be less than satisfactory in terms... If you want to get a full essay, order it on our website: Orderessay

If you want to get a full essay, wisit our page: write my essay .