Pax market share 3.48% 115,669 Pax carried Pax load factor RPK Fleet size 2016 q2 2016 q3 2016 q4 2017 q1 2017 q2 2017 q3 2017 q4 2018 q1 3.57% 4.80% 159,317 6.53% 6.76% 224,500 6.73% 7.15% 7.17% 118,642 86.92 216,831 223,634 237,457 238,160 86.04 81.63 91.98 89.06 88.72 94.20 20,954,226,59 94.48 11,219,175,64 0 11,260,904,15 4 13,864,196,75 8 18,676,525,45 0 19,405,086,62 1 19,999,076,98 0 4 20,654,713,84 6 36 $427,590,683.3 3 36 $177,921,064.5 6 54 $332,989,595.5 2 66 $494,948,904.4 4 73 $295,932,766.1 73 73 73 Profit 2 $199,922,152.7 2 $754,834,362.1 7 0 $758,715,344.8 There were 393,628 passangers carried by Kingfisher Airlines in 2016. As we can see from the graph Kingfisher's number of passangers carried per quarter was just over 110 000 in 2016 q2. Throughout the year 2016 our pax share market value progressively increased at a steady rate. At the end of the year we were able to increase our fleet size from 36 to 54 and by the end of 2017 we had a fleet size of 73 planes, this permitted us to carry an further 508,794 passangers around the world. The intensification in our fleet gave rise to in the increase of our PAX market share by 2.35%. As of 2018 q1 the number of passangers carried by Kingfisher Airlines had doubled compared to 2016 q2, this was an outcome of an increase in our fleet size copmared to when we first started. Comparing the different quarters individually the number of passangers carried by Kinghfisher Airlines improved significantly between 2016 q3 and 2017 q1 and the every quarter after that the numbers increased at a sturdy rate. The main expenses that affect companies in the airline industry are labour and fuel costs. Labour costs are largely fixed in the short term, while fuel costs can swing wildly based on the price of oil. Looking at the graph above Kingfisher's expenses between 2016 q2 and 2017 q2 gradually increased due to being a new airline we didn't have a big enough fleet to generate a lot of profit from and couldn't operate in certain markets of the industry. Throughout this year majority of expenses came from leasing new aircrafts to add to our fleet which in turn meant more staff had to be employed and given the proper training. As our fleet increased we were able to operate in several markets which resulted in our profits going up and expenses descending. During the third quarter of 2017 our expenses went up due to most of the planes in our fleet requiring C and D maintenance checks and not earning enough revenue on certain routes.