Bankruptcy Potential of Indian Aviation Industry: An Analysis of Selected Firms

Authors

  • Vivek Tyagi
  • Manipadma Datta

DOI:

https://doi.org/10.33516/rb.v42i4.38-49p

Keywords:

Indian Aviation Industry, Business Exit, Bankruptcy Prediction.

Abstract

The Indian aviation industry of late, appears to be not in the shape as it should be. Although there are not much apparent symptoms, a deeper insight would provoke one to find a darker side. Already the scenario has been stained by not so impressive performance of the largest players and the exit of Kingfisher airlines through the trauma of bankruptcy. In fact, our observation is that the industry as a whole is threatened by the specter of bankruptcy which might come true if appropriate steps are not taken before it is too late. This paper is an attempt to analyze the present financial situation for selected airlines using three different models for bankruptcy possibility prediction over a period of five consecutive years (2010-2014) and compare the results with pre-bankruptcy period of Kingfisher airline (2008-2012).

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Published

2017-01-01

How to Cite

Tyagi, V., & Datta, M. (2017). Bankruptcy Potential of Indian Aviation Industry: An Analysis of Selected Firms. Research Bulletin, 42(4), 38–49. https://doi.org/10.33516/rb.v42i4.38-49p

Issue

Volume 42, Issue 4, January 2017

Section

Articles
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Europe PMC

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