Essay on Financial Distress & Air Line Industry

Words: 3947
Pages: 16

UNIVERSITY OF MYSORE
DEPARTMENT OF STUDIES IN BUSINESS ADMINISTRATION
B. N. BAHADUR INSTITUTE OF MANAGEMENT SCIENCES
MANASAGANGOTRI MYSORE 570006
KARNATAKA, INDIA

Seminar Paper on
Financial Distress and Restructuring
A Case Study of
Air India Ltd & Kingfisher Airlines Ltd

Submitted to
Dr. B. Shivraj
Professor, DOSBA, UoM

Submitted by
Mr. Prasad V. Daddikar
MBA IV Semester, Roll No. 50
Reg. No. 10MBO102
INTRODUCTION

Financial distress is a term in Corporate Finance used to indicate a condition when promises to creditors of a company are broken or honored with difficulty. Sometimes financial distress can lead to bankruptcy. Financial distress is usually associated with some costs to the company;
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AIR INDIA THE SHAME OF BEING A MAHARAJA

|Company Name |Air India Limited |
|Year of establishment |July 1932 (as Tata Airlines) |
|Commenced operations |15 October 1932 |
|IATA |AI |
|ICAO |AIC |
|Ownership |Public Sector Undertaking |
|Scale of the Industry |Large Scale Industry |
|Parent Company |Air India Limited |
|Subsidiary Company |Air India Cargo , Air India Express , Air India Regional |
|Address & Contact details |Air India Building, |