JamminOnTheOne t1_j11uz8q wrote
Reply to comment by [deleted] in [OC] Flying home for the holidays? Take a look at the income statement breakdown of American Airlines to see where the money goes by giteam
Operating expenses include all ongoing expenses, including marketing, etc. The only expenses that aren’t included are capital expenses (eg, buying planes), which aren’t shown directly on an income statement (the depreciation is an operating expense, not the purchase price).
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