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Abstract
The conditions are vulnerable for the civil aviation business in India as a result economic downturns, high fuel prices and market fluctuations. This sector is experiencing bad conditions to huge changes in Economic Environment which is exposed to high risk. The industry is in distress zone as revealed by various reports and media sources. These changes also caused air carriers in India to incur significant losses especially in civil aviation sector. Passenger load factor is an important parameter that reveals the no. of tickets sold or seats occupied by the passengers as compared to the tickets available. It is an important measure used in any transport industry to measure the capacity utilization and idle capacity with reference to passenger occupancy and tickets sold. As far as Airline industry is considered, passenger load factor is also a crucial factor that provide a bench mark and shows whether the particular airline is in profit or not. In this paper,an attempt is made to assess the impact of occupancy ratio on financial health of selected civil aviation companies in India. This study is carried out for a period of ten years i.e from 2007-2016.