India has witnessed yet another airline debacle and this time it’s Jet Airways. Aviation sector is considered so vulnerable to cyclical changes that many of them are ailing, whereas very few of them are able to sustain profitably. Jet has been on a roller coaster ride for quite some time now. Let’s discuss about how it landed with crash this year and what lies ahead? Before we move to analysis, below is a brief on sectorial factors. Fleet size / ASKM - Available Seat KM Indicates the capacity of the enterprise. Directly proportional to the fleet size and the type of aircraft. RPKM – Revenue Passenger KM Indicates available seats kms converted into revenue. RPKM indicates available seats kms converted into revenue generating seats kms. Higher RPKM results in higher revenue and recovery of fixed costs, which shall further increase earnings. Load factor Load factor indicates the total occupancy of the available seat...