THE ANALYSIS OF FINANCIAL STABILITY OF AIR COMPANIES AS A TOOL FOR MAKING EFFECTIVE MANAGERIAL DECISIONS
Journal: Science and world (Vol.2, No. 39)Publication Date: 2016-11-22
Authors : Bystrova A.N.; Sakhno Yu.S.; Vorobyeva A.Ye.;
Page : 12-17
Keywords : managerial decisions; financial analysis; aviation business of Russia; solvency; borrowing ability; financial stability; crisis phenomena;
Abstract
This article deals with the analysis of financial stability of air companies during the crisis period. Various factors determining their situation in the passenger market are considered. The analysis of financial stability according to reporting of each company is carried out. The received results of the analysis allow to define type of financial stability of the studied airlines. Also received data give the possibility to determinate the place of this airline in the air-transport market. Measures for improvement of financial stability of the analyzed air companies are considered.
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