08-29-2018, 03:14 AM
When you purchase aircraft, you withdraw money from your bank. That transaction will be then seen as an expense and negative profit, which makes it red. Your income statement does not show you your airline value or assets, it just shows you the records of money moving through your bank.
I am not sure what Incidental Expenses mean here, but I guess it has something to do with the Misc Operating Costs, as well as maybe employee travel expenditures. This article should be able to give a more detailed description: Incidental Expenses
I am not sure what Incidental Expenses mean here, but I guess it has something to do with the Misc Operating Costs, as well as maybe employee travel expenditures. This article should be able to give a more detailed description: Incidental Expenses