ABSTRACT
Financial planning is the process whereby an airline’s corporate goals and the strategies designed to meet those goals are translated into numbers. These numbers cover forecasts of market growth and airline market share and estimates of resources required to achieve this share. Financial planning ranges from the short-term preparation of budgets to long-term planning, the latter often in conjunction with fleet planning. Its main longer-term financial aims are:
The evaluation of the expected future financial condition of the company
The estimation of likely future requirements for finance
