An Impact of Operating and Non-Operating Expenses on Financial Viability in Jet Airways
M. Shankar1, Meena GL2, V. Mouneswari3
1Dr. M. Shankar2, Associate Professor2, Bomma Institute of Technology and Science2, Khammam2, Telangana State2, Pin-507002
2Dr. Meena GL., Professor & HOD, Department of MBA, Golden Valley Integrated Campus, Madanapalli, Chittoor, Pin- 517325.
3V. Mouneswari, Research Scholar, JNTUA – Anantapuramu, Assistant Professor, Annamacharya Institute of Technology & Sciences, YSR Kadapa, Pin – 516216.
Manuscript received on 02 July 2019 | Revised Manuscript received on 09 July 2019 | Manuscript published on 30 August 2019 | PP: 2506-2509 | Volume-8 Issue-10, August 2019 | Retrieval Number: 95520881019/2019©BEIESP | DOI: 10.35940/ijitee.J9552.0881019
Open Access | Ethics and Policies | Cite | Mendeley | Indexing and Abstracting
© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: ‘Crisis’ – the result of insolvency and bankruptcy situation for a firm or nation. The reasons for a crisis of a firm are internal and external environmental facts to which the firm couldnot understand thoroughly. During the crisis the shareholders blame the firm’s policies, procedures and administrative strategies. The banks show reluctance not only to the firms but also to their linkages also. In the present paper a detailed study has been carried out about the crisis in Jet Airways. For the purpose descriptive study has been chosen to know the root cause which damaged the harmonic functioning of the company. The results have disclosing that pre-emptive actions must be taken by the firms to absorb corporate government policies perfectly. It is the primary responsibility in front of the Governments to involve in internal activities of the corporate firms and the policies should be made by makers in such a way only.
Key words: Financial Crisis, Insolvency, Bankruptcy, Financial Ratios
Scope of the Article: Industrial, Financial and Scientific Applications of All Kind