Operating Expenses
Operating expenses refer to the costs incurred by an airline in its day-to-day operations. These expenses include salaries and wages of employees, fuel costs, maintenance and repair expenses, landing fees, airport charges, and other expenses related to the operation of aircraft. Operating expenses are a major component of an airline's cost structure and can have a significant impact on its profitability. Airlines strive to manage their operating expenses efficiently by optimizing their operations, negotiating favorable contracts with suppliers, and implementing cost-saving measures. Effective management of operating expenses is critical for airlines to remain competitive in the aviation industry.
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