Operational Costs

Operational costs refer to the expenses incurred by an airline in order to maintain its day-to-day operations. These costs include fuel, maintenance, crew salaries, airport fees, insurance, and other expenses. Operational costs are a major concern for airlines as they directly impact the profitability of the business. Airlines strive to keep operational costs as low as possible while maintaining safety and quality standards. Effective management of operational costs is crucial for airlines to remain competitive in the industry.
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  • Equipment Failure: Equipment Failure refers to the malfunction or breakdown of any equipment or system on an aircraft that can affect its safe operation. This can include failures of engines, avionics, landing gear, hydraulic systems, and other critical compo ... Read More >>
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