Financial Analysis of Pakistan International Airlines

FINANCIAL ANALYSIS OF PAKISTAN INTERNATIONAL AIRLINES Submitted by Chemical send Adnan Khalid Submitted to : Dr rashid Ahmed Institute Of Business and Management, UET, Lahore. PAKISTAN INTERNATION AIRLINES Back ground and History Airline patience General Environmental Analysis The air hose industry is in truth stable and unlikely to change in the near future. in that location are many reasons for this. Air travel continues to grow and provide continue in this fashion as long as the economy stays in an upward trend. US house servant air traffic grew 2.3% in 1999 and 3.5% in the first sextet months of 2000 according to Air Transportation Association. The percentage of evaporateers has increased an average out of 2% each year and the percentage of people who lease ever flown before increased from 73% in 1993 to 81% in 1997. (Airport Transport Association, Internet). The top three reasons that people fly are business trips (47%), visiting relatives (38%) and going on holiday (13%). Most airline revenues are gained from the fares they charge these passengers, but they similarly earn ancillary revenues from transporting mail, shipping freight, selling in-flight services and from component alcoholic beverages (Airport Transportation Association, Internet).

The primary target market of airline passengers today is the business traveler because business trips account for the volume (47%) of airline flights. Airline industry has been subject of intense determine competition since it was deregulated, and the result has been a number of new carriers which distinguish in regional service and no-frills operations. These carriers typically acquire older aircraft and often operate outside the industry-wide computerized reservations system. In permute for these inconveniences, passengers receive low fares relative to the industry as a whole. This research examines two low fare air carriers, ValuJet and southwestward Airlines. By investigating these air carriers, we can better hear the economic impacts of price... If you want to get a full essay, modulate it on our website: Orderessay

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