Budgeting

Budgeting in aviation refers to the process of creating a financial plan for the operation of an airline or aviation organization. This includes forecasting revenue and expenses, setting financial goals, and allocating resources to achieve those goals. Budgeting is an essential part of aviation management as it helps to ensure that the organization operates within its financial means and can make informed decisions about investments and cost-saving measures. Effective budgeting requires a thorough understanding of the aviation industry, market trends, and operational costs.

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Budgeting

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