<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>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.</p>
</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.

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

Student at the University of Information Technology and Management in Rzeszów

Financial Internet Quarterly

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

This study analyses theoretical aspects of bankruptcy and financial analysis. Analysis of bankrupt cy diagnostics is the most important condition for...

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

Published Online: Jan 01, 2022

Page range: 50 - 69

Received: Nov 25, 2021

Accepted: Dec 03, 2021

DOI: https://doi.org/10.2478/fiqf-2021-0027

Keywords
financial analysis, aviation industry, bankruptcy

© 2021 Nargis Faizuloyeva et al.

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

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

Published Online: Jan 01, 2022

Page range: 50 - 69

Received: Nov 25, 2021

Accepted: Dec 03, 2021

DOI: https://doi.org/10.2478/fiqf-2021-0027

Keywordsfinancial analysis, aviation industry, bankruptcy

© 2021 Nargis Faizuloyeva et al.

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
financial analysis, aviation industry, bankruptcy