assess the economic and financial performance of Spirit Airlines vs 2 other airlines
you are required to assess the economic and financial performance of Spirit Airlines through calculating economic and financial
performance indicators and commenting on the results of your calculations (for 2013 and 2014). You are also required to select two other
airlines to compare with Spirit Airlines. You should compare the performance of Spirit Airlines with the other two airlines, providing a
detailed discussion of the achievements or failings of Spirit Airlines relative to the other two airlines for 2013 and 2014.
You should choose at least five economic performance indicators AND at least five financial indicators.
You should produce a concise report that should not exceed 3,500 words. The report should be assembled as follows: an executive summary;
list of contents (e.g. 1.0 Introduction; etc); main body of the report; conclusion; followed by a list of references.
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5 economic performance indicators choose 5
1)ASK
2)RPK
3) CASK
4) RASK
5)Break- Even Load Factor
6) Load Factor
7) Unit Cost/Yield
Financial performance indictors choose 5
1)Operating Margin
2)Net Profit Margin
3)Return on Capital
Employed
4) Return on Assets
5) Asset Turnover
6)Current Ratio
7)Quick Ratio (Acid test)
8)Debt/Equity Ratio
(Gearing)
9) Interest Cover
Please do not use indicators that are similar to each other as each of the indicators has to be explained and analysed.
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