Tag Archives: analysis

US Aviation Review 2012: Vinay vs. Cranky Flier

by Vinay Bhaskara and Brett SnyderEarlier this month, I had a chance to do a little bit of back and forth with Brett Snyder (a.k.a Cranky Flier) about some of the biggest news stories in US aviation from last year. While the idea was that we’d do a lot of debating, it became mostly a discussion (what was that line …

Read More »

Spicejet reports profit in Q3 FY2013 – Financial and operational analysis

By Vinay Bhaskara and Devesh Agarwal In a result that represents a positive sign for the prospects of the Indian airline industry moving forward, Gurgaon based low cost carrier (LCC) SpiceJet reported a Rs. 102 Crore (US $19 million) net profit for the third quarter of fiscal year 2012-13 (FY 12-13), a sharp improvement from the results in both the …

Read More »

Indian Aviation Review 2012. Part 2: The airlines’ analyses

by Vinay Bhaskara As promised, here is the second part of Indian Aviation’s 2012 review, with an airline by airline analysis of the events in 2012. Air India 2012 was another banner year in Air India’s agonizingly slow death spiral. Whether it was yet more labor turmoil related to the still not completed merger with Indian Airlines, a botched Entry …

Read More »

Indian aviation 2012 review Part 1: Overall trends

by Vinay BhaskaraThis is part 1 of our 2012 review of Indian aviation. Part 2 will come next week with a carrier by carrier review of  2012 in Indian aviation. When the story of Indian commercial aviation in 2012 is told, the overarching narrative across almost the entire industry will be one of cautious optimism (though Kingfisher Airlines obviously belies this …

Read More »

Jet Airways Q2 FY 2012~2013 quarterly results financial analysis

Photo © Devesh Agarwal. Used with permission. India’s largest private carrier, Jet Airways, reported a net, post-tax loss of Rs. 99.7 Crore for the second quarter of fiscal year 2012-2013, representing a sharp improvement from the Rs. 713.6 Crore net loss recorded in the same period last year. This 84.8% improvement in results, pushed Jet Airways’ net margin up to …

Read More »

SpiceJet Q2 FY2012~2013 quarterly results financial analysis

Earlier this week, Indian low cost carrier SpiceJet posted a Rs. 163.5 Crore net loss for the second quarter of fiscal year 2012-13. While this represented a 32% better result than the same period last year, it is still a heavily disappointing result, giving the recent surge in the fortunes of India’s airlines after the shut-down of full service carrier …

Read More »

IBM Analytics helps Jet Airways save $6 million per year

IBM analytics is enabling Jet Airways, to accurately calculate, track and report aircraft emissions, allowing the airline to use advanced analytics to map the carrier’s carbon emissions, optimising its fuel usage by detailed analysis of each flight. This is part of a strategic 10-year business transformation agreement, the airline signed with IBM, in 2010. IBM’s Integrated Emission Management System is …

Read More »

SpiceJet Q1 FY 2013 financial and operations analysis

When Gurgaon based low cost carrier (LCC) SpiceJet reported a net, pre-tax profit of more than Rs. 56 Crore in the first quarter of fiscal year 2012-2013, it represented a huge positive step for the Indian airline industry. After SpiceJet had slipped to a large net loss for fiscal year 2011-2012, mirroring the performance of the industry as a whole …

Read More »

SpiceJet Fiscal Year 11-12 Financial Analysis – Too much growth and high fuel prices offset strong cost discipline

As with all of the Indian airlines, Delhi based low cost carrier SpiceJet faced disappointing financial results in the fourth quarter and full year of fiscal year 2012, posting a net loss of Rs. 605.8 Crore for FY 11-12 and Rs. 249.2 for Q4. After large net losses at India’s two other publicly traded carriers Kingfisher and Jet Airways, SpiceJet’s …

Read More »

Strategic analysis of Kingfisher Airline’s Q2 FY12 results

Despite the extremely muted optimism of my co-author, Devesh Agarwal, Kingfisher’s results for the past quarter were on a number of levels, worse than those of Jet Airways. Given that Devesh has already provided a very succinct analysis of Kingfisher’s results, I will simply add in a few of my own thoughts focusing on past lesson and future strategy for …

Read More »

Jet Airways Q2 FY 2012 financial analysis – costs up on fuel and currency, yields down due to Air India price cuts

Note: JetLite financial results will be analyzed separately For the first financial analysis of Q2 FY 11-12, we will be taking a look at India’s largest international carrier, Jet Airways, who posted a net loss of Rs. 713.57 crore in the quarter, down sharply from a net profit of Rs. 12.43 crore during the same period last year. Jet posted …

Read More »

Financial analysis of JetLite’s Q1 fiscal 2011~12 results

This is the final carrier-specific financial analysis for Q1, covering JetLite. The overall market picture will be studied in a separate analysis. Previous Analyses: Jet Airways, Kingfisher, SpiceJet Despite the positive results shown by its parent carrier Jet Airways in the face of rising fuel costs, low fare carrier JetLite succumbed to domestic competitive pressures, posting relatively poor results in …

Read More »

Q1 Financial Analysis for Jet Airways

Jet Airways Boeing 737-800 VT-JGA.

Continuing the series of financial analyses of India’s airlines, today we take a look at Q1 for Jet Airways. JetLite will be covered in a separate post, as will overall analysis of the Indian market. Previous Analyses: (Kingfisher, SpiceJet) Surprisingly enough, Jet Airways, often considered the most stable of India’s 3 full service carriers, slid to a pretax loss of …

Read More »

Potential impact of Japan earthquake on the air transport industry

Japan, which suffered a devastating earthquake recently, has long been a major player in the air transport industry with a total market size of $62.5 billion annually. While it is too early to assess the long-term infrastructural impact of the quake on the industry, an understanding of the industry structure in Japan can provide us with some insights. The most …

Read More »
+OK