Performance Evaluation of No-frill Airlines

Objective: To establish a resolution on the accomplishment of the economical airways with a view to help the aviation industry in framing strategies about such airlines. Methodology: Data have been procured from DGCA, India website. Here, the yearly data of each of the airlines have been utilized. The duration of sampling includes six years 2006-07 to 2011-12 taken for the purpose of classification of operating economical airlines in India. The empirical analysis has been performed on the basis of Discriminant Analysis (DA) using SPSS version 16.0. Findings: The model has classified 22 (87.5%) cases accurately out of 24 cases which is considerably large; hence, the model can be justified as a sound one. Impact: The work will help one perceive the key areas of strength and accordingly frame feasible strategies in order to improve performance. Keywords: No-frill Airlines, Performance, Classification, Discriminant Analysis.