International Journal of Progressive Research in Engineering Management and Science
(Peer-Reviewed, Open Access, Fully Referred International Journal)
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A Comparative Study of Financial Statement of Air India and Indigo Airlines. (KEY IJP************283)
Abstract
This comparative study delves into the financial statements of Air India Limited and IndiGo Airlines, aiming to provide a comprehensive analysis of their financial performance. The research evaluates key financial indicators such as revenue, expenses, profitability, and operational efficiency over a specified period, seeking to uncover trends, variations, and underlying factors that contribute to their financial dynamics. Through a detailed examination of income composition, expense management strategies, and profitability trends, the study aims to offer valuable insights into the financial health, operational efficiency, and long-term viability of both airlines. Additionally, the analysis considers the impact of external factors on their financial performance and examines investor perceptions. The findings of this study are expected to contribute to a deeper understanding of the financial standing of Air India and IndiGo, aiding stakeholders, industry professionals, and decision-makers in making informed strategic decisions.