Open AccessFuel Efficiency in Aircraft and Its Financial Performance with Reference to Indian Airline Companies
Author(s) -
Pradnya Bansod,
Sanjay S. Gaikwad
Publication year - 2020
Publication title -
international journal of innovative technology and exploring engineering
Language(s) - English
Resource type - Journals
ISSN - 2278-3075
DOI - 10.35940/ijitee.d1022.0394s20
Subject(s) - context (archaeology) , business , asset (computer security) , focus (optics) , fuel efficiency , aeronautics , finance , operations management , computer science , automotive engineering , engineering , computer security , physics , optics , paleontology , biology
The Airline business is mostly depended on aircrafts as aircrafts are most important asset for a company. The main focus of airline is to utilize the fuel efficiently as it is the biggest cost for a company. Hence utilizing fuel efficient aircraft becomes a necessity. This paper has an objective to study the aircrafts used by airline companies and which aircraft is found out to be most profitable to Indian airline context. The research is based on secondary data taken form authentic sources and analyzed using various methods. The conclusion is based on various calculation and comparison done on the data and observations. The research is in the context of Indian airline companies.