IDEAS home Printed from https://ideas.repec.org/a/vrs/finiqu/v17y2021i4p50-69n7.html
   My bibliography  Save this article

Financial Condition and Bankruptcy Likelihood in Aviation on the Example of the Aeroflot Company

Author

Listed:
  • Faizuloyeva Nargis

    (1Student at the University of Information Technology and Management in Rzeszów, Faculty of Management, Rzeszow, Poland)

  • Olechowska Karolina

    (2Student at the University of Information Technology and Management in Rzeszów, Faculty of Management, Rzeszow, Poland)

Abstract

This study analyses theoretical aspects of bankruptcy and financial analysis. Analysis of bankrupt cy diagnostics is the most important condition for successful company management since the results of economic activity depend on the availability and efficiency of the use of financial resources. The study of the institution of bankruptcy is essential for high-quality business conduct. Thus, as a practical part this study implemented analyses of financial condition and bankruptcy likelihood in aviation on the example of one of the biggest airlines – PJSC Aeroflot. Research resulted in findings confirming the instability of the company’s financial condition and downward trend on the Z index related to decrease in demand, mostly due to the pandemic of COVID-19.

Suggested Citation

  • Faizuloyeva Nargis & Olechowska Karolina, 2021. "Financial Condition and Bankruptcy Likelihood in Aviation on the Example of the Aeroflot Company," Financial Internet Quarterly (formerly e-Finanse), Sciendo, vol. 17(4), pages 50-69, December.
    • Handle: RePEc:vrs:finiqu:v:17:y:2021:i:4:p:50-69:n:7
    DOI: 10.2478/fiqf-2021-0027
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/fiqf-2021-0027
    Download Restriction: no
    File URL: https://libkey.io/10.2478/fiqf-2021-0027?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    financial analysis; aviation industry; bankruptcy;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
    • L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:finiqu:v:17:y:2021:i:4:p:50-69:n:7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.