Expenses
Expenses in aviation refer to the costs incurred by an airline or aviation company in order to operate their business. These costs can include fuel, maintenance, salaries, insurance, airport fees, and other expenses related to the operation of aircraft and facilities. Managing expenses is a critical aspect of running a successful aviation business, as high expenses can lead to financial difficulties and even bankruptcy. Airlines and aviation companies often use various strategies to reduce expenses, such as fuel-efficient aircraft, outsourcing maintenance, and negotiating lower airport fees. Effective expense management is essential for the long-term sustainability of an aviation business.
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