Liquid Assets
In the context of aviation, 'Liquid Assets' typically refers to the readily available resources that an airline or aviation company has at its disposal. These resources can be quickly converted into cash without affecting their market value. Liquid assets can include cash on hand, short-term investments, and accounts receivable. In the aviation industry, liquid assets are crucial for maintaining operational efficiency and ensuring the smooth running of daily operations. They are used to cover immediate expenses such as fuel costs, maintenance, salaries, and other operational costs. In times of crisis, such as a sudden drop in passenger numbers or unexpected expenses, having a significant amount of liquid assets can help an airline stay afloat while it adjusts its business strategy. Furthermore, liquid assets can also be used for strategic investments, such as expanding the fleet, upgrading facilities, or entering new markets. Therefore, the management of liquid assets is a critical aspect of financial management in the aviation industry.
Your Previous Searches
Random Picks
- Visual Systems: In the context of aviation, visual systems refer to the array of technologies and devices used to provide pilots with a simulated visual environment during flight training or actual flight operations. These systems are integral components o ... Read More >>
- Human Performance: Human Performance in aviation refers to the study of how humans behave and interact with technology in the aviation environment. It includes the physical and mental capabilities of pilots, air traffic controllers, and other aviation personn ... Read More >>
- Aircraft Maintenance Records: Aircraft Maintenance Records refer to the documentation that contains the history of all maintenance activities performed on an aircraft. These records include information about inspections, repairs, modifications, and alterations made to t ... Read More >>
Top News
How a government shutdown could impact air travel...
The holiday travel rush kicked off on Friday, but a looming government shutdown threatens to disrupt air travel for millions....
News Source: ABC News on 2024-12-20
From Nike to Intel, CEO departures at U.S. companies hit a record this year...
Retired, ousted or poached, CEOs headed for the exits this year....
News Source: NBC News on 2024-12-20
Draft prospects for Bucs fans during the opening round of the CFBP...
The much anticipated College Football Playoff kicksoff on Friday night as Indiana and Notre Dame get things started in a sn...
News Source: USA Today on 2024-12-20
Holiday travel record predicted as government shutdown looms...
More than 119 million people will travel at least 50 miles from home between Saturday and New Year's Day, which would top the previous holiday-season high set in 2019, according to AAA....
News Source: CBS News on 2024-12-20
College Football Playoff first round X-factors: Which unlikely players could hel...
It'll take more than stars to advance in the College Football Playoff. A look at the X-factors that could be critical in the first round....
News Source: USA Today on 2024-12-20