rfp for jet airways v2.pptx

7/23/2019 RFP for Jet Airways v2.pptx

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RFP for Jet Airways

GROUP 2

Sanjeet Walia C065

Rahul Tiwari D061

Ayushi Bana !00"

Gauta# $aitreya !0%%

Rishi Sa#at !0&'

A(hishe) Sat*hare !050



Content



Introduction – JetAirways Jet Airways (India) Limited is an Indian based company which provides for transportation owe!! as caro services"

#usiness $ements Air %ransportation Leasin of Air

• %hey operate a &eet of ''aircrafts" %his inc!udes

• #oein ***+,--.• Airbus A,,-+/--0,-- aircraft• A%R */+1--0--

• It F!ies to *, destinations in India 2beyond inc!udin Abu 3habi.#ahrain. #an4o4. #russe!s.Co!ombo. 3ammam. 3ha4a. 3oha.3ubai. 5o Chi 6inh City. 5on 7on.

Jeddah. 7athmandu. 7uwait. London(5eathrow). 6uscat. 8ew 9or4(8ewar4). Paris. Riyadh. $har:ah.$inapore and %oronto"

• $ubsidiaries• J;%LI%; – It was e<tab!ished by

$ahara Air!ines in '=='" Jetairways too4 over Air $aharaand renamed it as Jet!ite"

•

J;%7>88;C% – %his is the !owcost brand of the

#usi



Proposition – JetAirwaysIn a recent study comparin !eadinair!ines in India. Indio. ?o Air. $pice

Jet. Jet Airways and Air India. thebe!ow is how Jet Airways has fared

+,w -B.TDA

$ar*ins

/5'

+ar*est

#ar)et

share ,nly

in ,ne

#etr,

/$u#(ai

3,t a

4,#inant

layer

Se,n4

!i*hest ,st

er

aaila(leseat /CS7$

US ents

'05

Sl,wer

RS7$ /6&

,#are4

t, '5

Delinin*

AS7$

/Caaity

8allin*

assen*er

,lu#e

/229

!i*h

$aintenan

e: 8uel: ;,wnershi

,st

Se,n4

!i*hest

aera*e

<eet a*e

6ain 6etrics 2 Ca



7PI07CI Combinations

%wo ma:or cateories of ris4s areindustry ris4 and company speci@cris4s"

Ris) $etri

Ris)Cate*,ry

$iti*a

+,werUtili?ati,n

Revenue

>perationa! ;ci6ainten

sta

Caaity Revenue

>perationa! 3emaestima

usinana!y

Aaila(ility ,@s)ille4w,r)@,re

Revenue

>perationa! P6Appra$yste

-han*e rate,latility

Revenue

Financia! 5ed3eriva

C,st ,@#ultile tyes,@ <eet

Cost >perationa! Routesto >2

contra

Syste#8ailure

Cost >perationa! Comp!Lev

SeurityBreah

Revenue0

#rand

>perationa! 8e<t insecusyste

Ris4 FramR;P6

• Aircraft ti!iDation 0 Load Factor

• Avai!ab!e $eat 76

• Revenue Passener 76

• Attrition Rate

• Cost per Avai!ab!e 76

•>perationa! Re!iabi!ity Ratins

• Comp!aints per '---- passeners

• Averae ae of &eet

• Interest Rates

• 6aintenance Cost per A$7



6itiation $ystems

$ome of the mitiations systems thatwe wou!d imp!ement. moderniDe orstandardiDe wou!d be

Ris4 Impact 0 6atri<

$ystems for better route p!annin

3emand estimation with Ana!ytics

Accepted minimum comp!iance !eve!

Reca!ibrate for opportunityassessment matri<

Interest Rate $wap

Predictive ana!ysis systems

#road!y we be!ieve the above mentioned ris4s current issues faced by Jet Airways"



Anci!!ary Ris4s

Ee have identi@ed some anci!!ary ris4 that we wou!d need to observe to ascertain theirhence underta4e an assessment phase where we wou!d ana!yDe them and if aps arproceed (post approva!) on correctin them"• Continent Liabi!ities

•Lea! proceedins

• %erms of contract

• Covenants by !enders

• Labor areement Ris4s

• ?round staB trainin

• Carbon hedin

• A!ternatives for @nancin

• ;CA

• 7ey 6anaement person

%he proposed pro:ect on ris4 manaement wouout in two broad phases + as+ is assessment fo

and so!ution imp!ementation"

Phase ''" %he current ris4 manaement framewor4

aainst the ris4s identi@ed/" 6itiation measures wou!d be assessed for

and whether they !imit the ris4s within !eve!s"

," Any aps identi@ed when compared to indwou!d be @<ed as a part of the imp!ementat

" 3esin wor4shops wou!d be conducted to upprocesses for ris4s that matter so that a!! within the rane of to!erance"

1" %he new system wou!d interate ris4 ma!on rane. annua! operatin p!ans monitorin thus a!inin the ris4 amanaement phi!osophy of the compan

ob:ectives"

Pro



Corporate ?overnance – JetAirwaysC,r,rate *,ernane is the

system by which ,#anies are

4irete4 an4 ,ntr,lle4" The

C,r,rate G,ernane Struture

at Jet Airways is vested with %he#oard of 3irectors which is

responsib!e for the manaement.

direction and performance of the

Company as we!! as to provide an

independent view of the CompanyGs

6anaement whi!e discharin its

ob:ectives"• Incorporation of corporate

sustainabi!ity into the overa!!stratey in order to avai! thereener competitive ede"

• Investors isnGt the on!y factor.environment wi!! become a moreimportant to passeners"

• Jet Airways is consistent on itsreportin of corporate overnance"

• %hey present information which is

credib!e. $traihtforward 2re!evant"

6r 8aresh ?oya! +Chairman

# >

A R 3 >

F 3 I R ; C % >

R $

6r James 5

6rs Anita ?

6r Ifthi4ar

6r Aman 6

6r Javed A

6r 3inesh



7ey ?overnance Practices – JetAirways

BOARD O8D.R-CTORS

Au4itC,##ittee

Sta)eh,l4C,

' $-$B-RS' Eho!e time directors

H 8on ;<ecutive 3irectors out of which are

independentCurrent!y non comp!aint accordin toIndian Ru!es but one independentmember resined on th Auust. /-'1and the company havin identi@ed aperson for the post is waitin forsecurity c!earance from 6o5A

, members.* Independent3irectors

1 6eetins*- Attendance

, 8

, 3* In

3i/ 6

H, ACSR C,##ittee

, 6embers* Independent

3irectors

%he #oard of 3irectors has underta4enan eva!uation of its own performance.the performance of its Committees andof a!! the individua! 3irectors based onvarious parameters re!atin to ro!es.

responsibi!ities and ob!iations of the#oard. etc"

ii! 6echanism 0 Ehist!e#!ower Po!icy

%he Company has a vii! mechanismand Ehist!e #!ower Po!icy in p!ace todea! with instance of fraud andmismanaement

Ris4 6anaement Po!icy 2adeKuacy of Interna! Financia!Contro!s

6echanism to identify. assess. monitorand mitiate various ris4s to 4eybusiness ob:ectives" 6a:or ris4sidenti@ed 2 addressed throuhmitiatin actions

Po!icy on prevention of $e<ua!5arassment at Eor4p!ace

%he Company has in p!ace a Preventionof $e<ua! 5arassment Po!icy in !inewith the reKuirements of %he $e<ua!5arassment of Eomen at thewor4p!ace (Prevention. Prohibition 2Redressa!) Act. /-',"

%he Company has conducted thefami!iarisation proram forIndependent 3irectors appointed

durin the year" %he Proram aims toprovide insihts into the Company

#oard %rainin 2 Induction



Pointers to ma4e ?overnance moreeBectiveDiersity ?ender diversity is aneconomic issue. the ear!ier thecompanies rea!iDe this better"

%hereGs on!y ' women director on

board" Jet Airways shou!d compi!ea database of more board readywomen and room them to reachthe pinnac!e"Oerlain* $e#(ershiar,ss ,##ittees Ehi!ecross+functiona! approach is the4ey approach for so!vin businessprob!em. maintainin samemembers across committees wi!!not serve the purpose" Increasinthe Committee memberGsstrenth whi!e reducin theirpositions of responsibi!ities wi!!he!p rea!iDe eciencies"

%he @ure be!ow shows a samp!ematri< that is a more ecientrepresentation of board members

across various committees a!onwith their responsibi!ities"



C,r,rate G,ernane &Pr,n*e4 Ar,ah

%he Corporate overnance acts asan enab!er to the app!ication of•

Ris4 6anaement.• Interna! contro! of operations. 2• Interna! contro!s for @nancia!

reportin 2• 6isconduct"It !everaes oraniDationa!strateies (?rowth stratey.#randin stratey. 6ar4et ;ntry$tratey. product stratey.

operations stratey) to create awe!!+deve!oped Interna! auditstratey"

%hese are supported by critica!enab!ers for IA stratey to run theIA stratey !i4e a business (3e@ne– p!an+ e<ecute+ ;va!uate)"C!ear!y Jet airways needs tode@ne their corporate overnance

report as per the mentionedapproach instead of mere!y

Shareh,l4ers Ri*ht ,##uniati,n: interati,n with

A,unta(ility ; Au4it .nternal au4it: au4it ,#

Renu#erati,n $atters: Disl,sure ,@ renu#er

B,ar4 $atters Chair#an ; C-O: B,ar4 $e#(ershi: B,ar4 in@,r#ati,n

R,le ,@ 3,n eeutie 4iret,rs

B,ar4 Si?e: ,#,siti,n ; *ui4ane: Diret,rs .n4e

.n4uti,n ; trainin* ,@ #e#(ers: Breien*s u4ates ; reiew ,n(,ar4 ,@ 4iret,rs

B,ar4s ar,al ,n ari,us strate*ies

Dele*ati,n (y the (,ar4 7ey @eatures ,@ the (,ar4 r,essess:(,ar4 ,##ittee #eetin*s

Denin* B,ar4 $atters > B,ar4Es C,n4ut ,@ AFairs: Prinile 4ut

Idea! Content fo

h 4i i ! b ! i i



#ench 6ar4in aainst ?!oba! Practices – ;conomicReportin

Para#eters etAirways

A.R8RA3C-7+$

D-+TA+U8T!ASA

-,n,#i Re,rtin*8inanial $easuresa4,te4

9es 9es 9es 9es

3et Reenues 9es 9es 9es 9es

3et Pr,t 9es 9es 9es 9es

Oeratin* .n,#e 9es 9es 9es 9es

Pr,t Be@,re Ta 9es 9es 9es 9es

Oeratin* $ar*in 9es 9es 9es 9es

-arnin*s Per Share 9es 9es 9es 9es3et $ar*in 9es 9es 9es 9es

-A 9es 9es 9es 9es

-B.TDA 9es 9es 9es 9es

# h 6 4i i t ?! b ! P ti ; i t



#ench 6ar4in aainst ?!oba! Practices – ;nvironment$ocia! Reportin

Para#eters etAirways

A.R8RA3C-7+$

D-+TA+U8T!A3SA

-nir,n#ental Re,rtin*-#issi,ns 8o 9es 9es 9es

3,ise 8o 9es 8o 9es

8uel -Hieny 8o 9es 9es 9es

Car(,n 3eutral Gr,wth 8o 9es 9es 8o

-ner*y -Hieny 8o 9es 9es 9es

Waste Re4uti,n 9es 9es 9es 9es

-nir,n#entalC,#liane

8o 9es 9es 9es

S,ial Re,rtin*.nternal S,ial P,liies 8o 9es 8o 9es

-#l,yee G,als 8o 9es 9es 8o

Suly Chain G,als 8o 9es 9es 8o

Cust,#er G,als 8o 9es 9es 8o

Trainin* G,als 8o 9es 9es 9es

Iuality ,@ +i@e 8o 9es 8o 8o

W,r)lae O,rtunities 8o 9es 8o 8o



7ey >bservations 2 Recommendations'" Jet Airways is comp!iant with the $;#I and overnment reu!ations in terms @nancia

re!evant facts and @ures pub!ished in its annua! report

/" %he tab!e shows certain !as in terms of environmenta! and socia! reportin

," A comparison with !oba! air!ines shows that Jet Airways scores '0* in environmenta! r

p!ayers havin a much hiher score (Lufthansa and 3e!ta 0* and Air France 7L6 *0*)

" $imi!ar!y. in case of !oba! benchmar4in for socia! reportin. it is observed that Jbehind the internationa! p!ayers with no reportin in socia! and interna! contro!s seme

scorin *0* fo!!owed by 3e!ta (0*) and Lufthansa (/0*)

1" Reportin on sustainabi!ity standards fo!!owed by the company has not been found ade

" It is recommended that the company puts in p!ace more ecient and transparent repo

match with !oba! standards

*" As part of the pro:ect. under the Aiati,n Re,rtin* Stan4ar4i?ati,nG service. our

and aid your company in estab!ishin companywide practices that capture

improvement numbers on a y+o+y basisH" nder the same service. with further consu!tin and inputs from your manaem

reportin parameters can a!so be inc!uded that wou!d measure the emission @ures

earned by the company

=" A!so. our team under C,r,rate G,als an4 Trainin*G domain wou!d faci!itate yo

settin up systems across divisions to improve the oa! settin and achievemen

emp!oyees. supp!iers. operations and wor4p!ace improvement perspectives



Costin

Phases

AssessmentPhase

PreImp!ementati

on Phase

Imp!ementation Phase

PostImp!ementati

on Phase

'" %he pbeen a

wee4s/" 8umbin a wassumdays"

," >ne massum

" A!! thedone o

1" %he prdividephasenumbbeen aphase

" %he inbeen mas the

was at*" 6a<im

A



Phase Eise 3etai!s



;nd Resu!t

'" Ee have iven attractive discount on various !eve! of resources"/" %hese are the ma<imum permissib!e discounts ivin more discounts wi!! reduce our m," If no discount is iven then the marin is '-- as we mar4ed up the interna! costin '" %he tota! cost for assessment phase is .=/.1--"- I8R. for pre imp!ementation pha

for imp!ementation phase .''1.---"- I8R and for post imp!ementation phase /.-/-.-1" %he marin from assessment phase is "1 whi!e the tota! marin from imp!e

"/'"

rfp for jet airways v2.pptx

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