Back
Vastutah
Vastutahย โขย 7m
1. High Debt Burden: Jet Airways accumulated significant debt over the years. Its financial liabilities became difficult to manage, with creditors eventually losing confidence in the airline's ability to repay. 2. Increased Competition: Low-cost carriers like Indigo and SpiceJet grew rapidly, offering cheaper ticket prices and capturing a large share of the domestic market. Jet Airways struggled to compete while maintaining a full-service airline model, which is generally more expensive to operate. 3. Rising Fuel Costs: Fuel costs are a major expense for airlines, and Jet Airways struggled to cope with increasing fuel prices. Unlike some competitors, it had limited strategies in place to offset these costs, putting additional strain on its finances. 4. Poor Management Decisions
More like this
Recommendations from Medial
Jaswanth Jegan
Founder-Hexpertify.c...ย โขย 1y
โIndia's Airline Marketing Warโ Marketing Face off #4 Jet Airways vs Kingfisher vs GoAir In 2007 after Jet Airways got a makeover from a crisis it put up a Billboard saying "We have changed" Their Rival Kingfisher Airlines put up a Billboard ab
See More
Anirudh Gupta
CA Aspirant|Content ...ย โขย 6d
Daily dose of financial ratios by Anirudh Gupta Debt service coverage ratio: =Earnings available for debt services/(Interest+Installments) Where earnings available for debt services are EBITDA or EBIT based on the case. Purpose: -Yesterday,we d
See More
Anirudh Gupta
CA Aspirant|Content ...ย โขย 7d
Daily dose of financial ratios by Anirudh Gupta Debt/equity ratio =Total debt/Shareholders equity Purpose: It helps users of financial statements understand how much debt the company is using for every โน1 of equity invested by shareholders. Cred
See More
Satyam Kumar
"Turning visions int...ย โขย 3m
Top 15 Failed or Declined Indian Companies ๐ 1. Kingfisher Airlines (2012) Cause: Heavy debt, poor financial planning, failed merger with Air Deccan. 2. Satyam Computers (2009) Cause: Major corporate fraud involving falsified accounts worth โน7
See More
Rohan Saha
Founder - Burn Inves...ย โขย 7m
First, DHFL and now Jet Airways, both have one thing in common: retail investors knowingly invest their money in such companies that are bound to fail, and then they blame the government for losing their money. But investors donโt see their own mista
See More
Rajan Paswan
Honorary Mentions - ...ย โขย 1y
Bad News: Rupee falls to record low 83.60/$ Here are negative impacts of falling Rupee: 1) Increased Costs for Imports: Many Indian businesses rely on imported goods and raw materials. A weaker rupee means they will have to pay more for these impor
See More
Vedant SD
Finance Geek | Conte...ย โขย 9m
The Rise of Electric Vehicles in India India's EV market is witnessing rapid growth, driven by government incentives, rising consumer awareness, and technological advancements. The country's vast population and growing middle class present a signif
See More
gray man
I'm just a normal gu...ย โขย 4m
Indiaโs low-cost carriers, including IndiGo, Air India Express, SpiceJet, and Akasa Air, are preparing to shift their operations to the upcoming Navi Mumbai International Airport. With the new airport targeting a May opening, these budget airlines
See More
Download the medial app to read full posts, comements and news.