Significance of Profit Margin
In Indian history, the term Profit Margin is defined as the difference between the revenues generated by airlines and the costs they incur. This margin is influenced by a range of economic factors, which can affect the financial performance of airlines. Understanding profit margins is crucial for assessing the economic health and operational efficiency of the airline industry in India.
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The concept of Profit Margin in local and regional sources
Profit Margin reflects the financial health of airlines, indicating the difference between their revenues and incurred costs, influenced by economic factors. This metric is crucial for assessing profitability and operational efficiency in the airline industry.
From: Triveni Journal
(1) The difference between revenues and costs incurred by airlines, which is affected by various economic factors.[1]