Case Study "e;Risk and Decision Making"e;

Scientific Study from the year 2008 in the subject Business economics - General, grade: B-, University of Birmingham, language: English, abstract: Jet Airways is one of the biggest airline companies in India. The company started itsoperations in May, 1993 from Mumbai/India. The main products of the company arepassengers air transportation, cargo service and services such as City Check-in or Ramphandling. Jet Airways operates 340 flights daily and mostly to their 44 domesticdestinations but the company also serves the six following international destinations:Malaysia, Nepal, Singapore, Thailand and the United Kingdom. Jet Airways revenue in2006 accounted for 1379.9 million USD, which signifies an increase of 38.8%compared to 2005 (ICFAI, 2005). The trend of fast global travel goes together with the strong supplier power, as aircraftmanufacturing is dominated by a duopoly. The global airline industry is a deregulatedindustry which attracts new entrants (airlines) and the most successful segment is thedomestic one, with a volume of 67.3%. Another indication for more and fast globaltravel are growing passenger numbers of 6.5% (2002-2006)(ICFAI, 2005).