Abstract

The case study discusses the rise and fall of Jet Airways (India) Limited, a major airline in India. It helps students understand the various warning signals which, if read properly, would have made it apparent that the company was financially unviable. The case also helps to evaluate the various reorganization strategies.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• To understand the financial performance of the company
• To understand the early warning signals and risk factors that may lead to bankruptcy.
• To understand whether the company was headed toward bankruptcy by calculating Altman Z-score Model using real data.

Keywords

Bankruptcy Filing; Bankruptcy; Bank-Led Provisional Resolution Plan; Non-bankruptcy resolution; Indicators of Bankruptcy; Negative Net Worth; Altman Z-score; Financial Analysis; Identifying the Probability of Bankruptcy; Bankruptcy Risk; Profitability Analysis; Liquidity Analysis; Bankruptcy Prediction Analysis