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Sunday, February 17, 2013

Decisions and Accounting in the aviation industry

Table of Contents
Table of Contents1
Introduction. Decisions and Accounting.2
Aircraft development.6
Airport Receivables & passenger fees collection.8
Airlines Bodies participation. How bend uses Ratio analysis to protect members10
Fuel hedging - monetary value saving or Gamble?13
Collective bargaining, financial statements on the bargaining table.15
In-house or Outsource services Caribbean Airlines Case - M&E & Revenue Accounting16
How do Airlines use CM and CVP?19
Fleet change and fleet type24
Critical compend; what does the report information mean Low cost air passages26
Bibliography28
Appendices29
1.The line industry29
2.IATA enhancement Financing services29
3.Airline coverage Corporation, Carrier Financial Statement29

Introduction. Decisions and Accounting.

The aviation industry has been for the delay decade one of the most dynamic industries in the world. The military control structure of the aviation industry has evolved into one in which from each one major stakeholder can have a distinct impingement on its fortunes.

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The aviation industry is not only the airline companies, it also includes airports that are either managed by regulatory administration bodies or private companies, the cargo and express freight and case delivery companies, Passenger and Ramp handling companies, customer reticence system providers, aircraft manufacturers and aircraft leasing and financing companies, just to name a a few(prenominal) of the major player. Recently the aviation industry has come to natural some new players in recent years the commove towards globalization and improvements in worldwide IT infrastructure and airport credential requirements due the drug trade and terrorism, such and revenue accounting providers, outsourced aircraft maintenance and airport security and training providers. Appendix 1 presents a breakdown of the aviation industry.

Before we dive only into any analysis, lets understand three of import elements of our topic.
1)Decision making
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