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Budgeting for ManagersHome Work Week 04Prepared By: Samiul Islam
6-27Any Airline is essentially eager to update cause frequently to maintain a large fleet of aircraft. Several cost elements come into the scene, such as labor, fuel, maintenance cost, advertisement, the airport rate, and ownership costs. In the. In the period of recession and after that, fuel cost is more critical and needs to be updated regularly. There will be a frequent variation of petroleum cost per barrel, which will adversely affect the airline service severely. Several cost updating methods are put into practice. For example, many airlines have added six seats per plane and conserved 10 million in fuel expenses without compromising passenger Comfort. The bulky seats are conveniently placed with slim ones.6-291.B2.F3.E4.I5.E6.H7.I8.F or j9.K10. G6-3120040060080002000400060008000100001200014000160001800012250137501525016750000007500900010500120004750475047504750Total CostVariable CostTotal Fixed Cost