Based on their economic and financial performance (Within the context of the relevant geographic region).
For all the above 4 airlines need to calculate the following for the two most recent financial years (2012-2013 and 2013-2014):
a) Unit cost (per aircraft capacity)
b) Yield (per RPK and/or RTK)
c) Load Factor
d) Break even load factor
e) Employee productivity
f) Aircraft utilization
g) EBIT margin
h) Debt/equity Ratio
i) Current ratio
j) P/E ratio
Having made all the above-mentioned calculations, need to compare the airlines with each other and discuss why the first airline might or might not perform well (overall and per indicator (a-f)) in comparison to other airlines and to the region it mainly operates in. Please highlight if first airline or even all three of them are in any way special when compared to the average international (IATA) Passenger airline. Please also discuss briefly the limitations of your benchmarking approach and explain all steps that you have undertaken (Formulas, basis for calculations) during the benchmarking exercise.
PS: PLEASE USE ALL THE AIRLINE’S ANNUAL REPORT TO MAKE THE CALCULATIONS MENTIONED ABOVE
