...................................28 WACC..............................................................................................29 Valuation...........................................................................................30 Apendex.............................................................................................31 Introduction We are going to analyze Lufthansa Airline. It is one of the largest airlines and the flag carrier of Germany. The name comes from Luft-air
Premium Lufthansa Financial ratios Balance sheet
* Increased emphasis on national and airport security * Economic The overall economic climate in the United States prior to the events of September 11‚ 2001 called for a mild recession and the airline industry was wrestling with discount carriers. The pre 9-11 airline climate forecast a slight contraction as a result of the reversionary climate which was dramatically impacted by the events of 9-11 and the resulting economic aftermath (Ito et al‚ 2003): * Dramatic slowdown of the economic
Premium Delta Air Lines Southwest Airlines Low-cost carrier
time most operators were viewed as inefficient carriers needing government support. Finally‚ governments had enough and decided to allow competitive forces eliminate inefficiencies from companies by deregulating the industry. One-way was to let new entrants into the marketplace and allow operating costs and prices to fluctuate depending on free market competition. Deregulation ushered in alliances between many domestic and international carriers designed to increase routes. This "open skies"
Premium Star Alliance
successful low-fare‚ high frequency‚ point-to-point carrier. Since 1987 Southwest has consistently led the entire airline industry with the lowest ratio of complaints per passenger boarded. What does Southwest do differently that no one else in airlines does? It keeps things simple and consistent‚ which drives costs down‚ maximizes productive assets‚ and helps manage customer expectations. First‚ one plane fits all. Unlike the network carriers which operate all manner of regional jets‚ Southwest
Premium Southwest Airlines Low-cost carrier Airline
------------------------------------------------- Name: Steve Thaxton Assignment: #3 Industry Analysis Term: Summer 2013 Course: Strategic Marketing Global Airline Size The 2013 global passenger airline industry is estimated to be a $539 billion industry with an additional $68 billion generated by these same firms through cargo transport9. The key measure of units for the industry is expressed as revenue passenger kilometer or RPK. This is defined as the actual kilometers
Premium Airline Low-cost carrier Southwest Airlines
Allahbad) April 1927 saw the setting up of a separate Department of Civil Aviation to look after all civil aviation matters. That year also saw the establishment of Aero Club of India. Between 1933 and 1934 a number of Indian airlines – Indian Trans Continental Airways‚ Madras Air Taxi Services‚ Indian National Airways etc.‚ commenced operations The Indian Aircraft Act was promulgated in 1934 and was formulated in 1937 Hindustan Aeronautics Limited (HAL) set up by Walchand Hirachand in association with
Premium Chennai International Airport Airline Chhatrapati Shivaji International Airport
Study: “Estonian Air’s Big Buy” Case Study Information: Karen Popovich‚ Diane Lander‚ and Robert Letovsky (2011). Estonian Air’s Big Buy. Case Research Journal‚ 31(1)‚ Pages 67-82. Executive Summary Estonian Air is a regional airline carrier headquartered in Estonia in the Baltic region of Europe. The airline’s hub of operations is located in Estonia’s capital city of Tallinn at Tallinn Airport. This airport is the largest in the country. With the state government of Estonia owning
Premium Decision making Decision theory
routes as traffic in and out of India‚ unlike domestic traffic‚ has grown every year in the past decade‚ even during the economic slowdown. Our assessment is that SIA is not coming just for the domestic routes. Its biggest strength lies in inter-continental long-haul flights. Nearly 70 per cent of global traffic from India is west-bound — to the Middle East‚ Africa‚ European Unions and the Americas. Once SIA comes in‚ they can compete on those routes on the Indian quota of the bilateral agreements
Premium Coffee Middle East Vending machine
airlines operating singular aircraft utilized to deliver cargo or mail and other full-service airlines that operate internationally with many different aircrafts. Airlines are classified by the service they offer‚ they could be: intra- continental‚ domestic‚ regional‚ intercontinental‚ or international. They may be utilized as charters or scheduled services. Airlines are highly leveraged‚ and as such they must buy or lease new aircrafts and engines on a regular basis‚ as well as
Premium Delta Air Lines Airline Northwest Airlines
UNIVERSITY OF CALIFORNIA‚ SAN DIEGO Extension Division BUSA 40435 Financial Decision Making Summer 2011 Section# 082608 Instructor: George A. Haloulakos‚ MBA‚ CFA Contact Info: 425/241-5016‚ Haloulakos@gmail.com Welcome to UCSD Extension’s Financial Decision Making course. My basic approach to the subject matter is that theory which cannot be practiced is not good theory‚ BUT practice that is not based on theory [i.e.‚ a logical‚ independently verifiable analytic framework] is
Premium Financial ratio Decision making Financial ratios