REPORT
MICRO ECONOMICS
IN
INDIAN CIVIL AVIATION SECTOR
FACULY: PROF. C. S. SHYLAJAN
SUBMITTED BY
Dr. AKSHAY TYAGI (08BSHYD0049)
AMIT KUMAR (08BSHYD0072)
JOHNNY PRINCE (08BSHYD0324)
SMRITI MISHRA (08BSHYD0802)
V.ARTHI (08BSHYD0909)
TABLE OF CONTENTS
ACKNOWLEDGEMENT 3
INTRODUCTION 4
BRIEF HISTORY 4
MAJOR PLAYERS IN CIVIL AVIATION 6
LOW COST CARRIERS 8
DEMAND ELASTICITY 9
PRODUCTION ANALYSIS – INPUT FACTORS 11
MARKET STRUCTURE - REGULATED OLIGOPOLY 14
PRESENT SCENARIO 18
MERGERS AND ACQUISITIONS 19
SWOT ANALYSIS OF LEGACY CARRIERS 21
RECOMMENDATIONS 23
SURVEY: QUESTIONAIRE 27
CONCLUSION 30
EXHIBITS 31
REFERENCES 33
ACKNOWLEDGEMENT
We would sincerely like to thank our Faculty, C. S. Shylajan for giving us the opportunity to work on the project ‘Microeconomics in Indian Civil Aviation Sector’. He has been instrumental in guiding us from time to time throughout the project by squeezing out time from his hectic schedule.
In all it was a wonderful learning experience which helped us in gaining useful insights into the various economics related aspects in the Indian Aviation Sector. Lastly, we w ...