1 CAPACITY UTILIZATION IN INDIAN AIRLINES Danish A. Hashim* Sir Ratan Tata Fellow Institute of Economic Growth Delhi. 110 007. INDIA. E-mail: danish_hashim@yahoo.com April 2003 Abstract The financial performance of the state -owned Indian Airlines has deteriorated since 1989- 90. The main reasons cited for the poor financial performance of Indian Airlines include: rising fuel prices‚ excess staff‚ serving uneconomic routes and increasing expenses on insurance. However‚ low capacity utilization
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LALA LAjpatrai College | | |AIRLINE INDUSTRY | |SERVICE SECTOR MANAGEMENT | | | |
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Low cost airlines have revolutionised flying – but at what price ? Low cost airlines are ideal for the difficult days we are going through with the financial crisis. However‚ these airline companies’ services have many advantages and disadvantages that deserve to be debated. If one want to travel for a very short time‚ then booking a ticket with such a company is the best deal to make. On the contrary to what one might think‚ a low cost flight is not more dangerous than a regular one‚ because
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few years. In the recent years‚ the industry saw the emergence of the low cost carriers and liberalisation of government norms which impacted the global aviation industry. More recently‚ the global economic downturn of 2008 dealt a severe blow to the aviation industry the world over. The article gives a brief overview of the growth and trends in the industry. Importance to economy The revenue of international airlines industry has increased from 476 billion USD in 2009 to 567 billion USD in
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in regards to their four basic paper product lines. It will show the cost and price data for the next fiscal quarter‚ plus showing the contribution margins per unit and the revisions. The paper will include the break-even point for sales mix along with the margin of safety for the estimated sales volume of the original estimates and the revised estimates as well. Lastly‚ it will address Herbert’s concern about the variable cost of the place mats. Original Estimated Contribution
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Chapter 2 Characteristics of the Airline Industry The real difficulty in changing any enterprise lies not in developing new ideas‚ but in escaping from the old ones. John Maynard Keynes 2.1 Introduction In recent years‚ the European airline industry has exhibited impressively dynamics. The sector has gone through a drastic change on both the supply and the demand side. Unlikely in other industries‚ the driving forces governing the recent changes do not depend mainly on technological factors
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TYPES OF COSTS Introduction :-Production is the result of services rendered by various factors of production.The producer or firm has to make payments for this factor services. From the point of view of the factor inputs it is called ‘factor income’ while for the firm it is ‘factor payment’‚ or cost of inputs.Generally‚ the term cost of production refers to the ‘money expenses’ incurredin the production of a commodity. But money expenses are not the only expensesincurred on the production
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Topic: Some people believe that there should be fixed punishments for each type of crime. Others‚ however‚ argue that the circumstances of an individual crime‚ and the motivation for committing it‚ should always be taken into account when deciding on the punishment. Discuss both these views and give your own opinion. Nowadays‚ many people are debating for whether we should fix punishment for each type of crime or not. And this becomes a very hot issue. There are so many arguments
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On Growth/Fixed Mindsets Mindsets are beliefs about yourself‚ your characteristics‚ or how you use your basic ability. Based on new psychological studies about mindsets‚ there are two categories of mindsets‚ Fixed Mindsets and Growth Mindsets. A fixed mindset is a belief that abilities and intelligence are set and cannot be changed. On the other hand‚ a growth mindset would be one that abilities and intelligence can grow through effort and perseverance. My mindset has been changing throughout my
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Inequalities are equations that can be used to determine not just what something could equal but what something cannot equal. It tells us what the relative size is of two values and if they are big or small‚ too much or not enough. Inequalities could make it easier to determine how much someone might need of something in order to make a certain amount of something‚ while also determining how much more might be needed or how much be left. For example‚ if someone wanted to make cupcakes and flat
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