ABSTRACT
The system of accounts is not, however, ideally suited for management tasks such as pricing or product costing and planning, or for deriving economists' measures such as value added. The record-making part of accounting is usually called book-keeping,
performed by means of a double-entry system. The purpose of this chapter is not to explain how this is done, but rather how to make use of the published results of this system at a more general level. This analysis and interpretation of the published accounts of airlines could be the aim of the following interested parties:
• Shareholders. • Banks, and other debtholders and creditors. • Financial analysts. • Industry regulators. • Employees.
