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tangible & Intangible
Intangible
Intangible assets are we can't see touch feel
in the airlines the Intangible are mainly included traffic/route rights rights to take off or landing slots in busiest airports and it might also include management scheduling the fight operations national & international traffic rules which are scheduled by government as well as brand value staff experience and training & operations.
Tangible
Tangible assets are which we can see fell touch & feel
in the aviation the tangible assets are maintaining and physical assets and long term investing in other companies/airline physical assects are include land, aircraft, vehicles, buildings, and equipment.
Importance of airline finance
airline industry are very important contribute of economical development and it has not only increasing the world tread activity by enabling the movement of passengers and goods and airlines are also providing the million of jobs to the people.
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