Budget

In aviation, budget refers to the financial plan for an airline or aviation organization that outlines the expected revenue and expenses for a specific period of time. The budget includes various categories such as fuel costs, maintenance expenses, salaries, and marketing expenses. It is an essential tool for managing the financial resources of an aviation organization and ensuring that it operates within its means. The budget is typically created annually and is reviewed and adjusted periodically to reflect changes in the aviation industry and the organization's financial performance.
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