Strategic decisions in the Indian aviation sector: A comparative analysis before and after covid-19
1 Symbiosis Institute of Technology (SIT), Pune Campus, Symbiosis International (Deemed University) (SIU), Pune, 412115, Maharashtra, India.
2 Department of Business and Industrial Management, Veer Narmad South Gujarat University, Surat, India.
Review Article
Magna Scientia Advanced Research and Reviews, 2024, 10(02), 173–180
Article DOI: 10.30574/msarr.2024.10.2.0056
Publication history:
Received on 16 February 2024; revised on 01 April 2024; accepted on 03 April 2024
Abstract:
Imagine four Indian airlines soaring high before the pandemic – Air India, IndiGo, GoFirst, and AirAsia India – each with unique financial strategies fueling their flight paths. This report takes you on a deep dive into their pre-COVID cockpits, exploring their investment choices, loan agreements, dividend payouts, and how they kept the fuel gauge steady. Then, brace for turbulence as COVID-19 rocks the industry. We'll see how these airlines adapted, tightened their belts, and navigated the financial storm, learning valuable lessons from growth, debt, and operational efficiency in both calm and chaotic skies. Get ready for a nuanced tale of resilience, adaptation, and the sky never being quite the same again for these Indian aviation giants.
Keywords:
Aviation; Finance; Covid-19; Economy
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Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0