Скачать или смотреть Why Airlines' Revenue Doesn't Match Their CASH | CFA Level 1 | The Valuation School

Ever wondered how airlines keep flying even when they report losses every quarter? ✈️

Because accounting profit and real cashflow aren’t the same thing.

When you book a flight months in advance, the cash inflow happens immediately, but the revenue recognition happens later — when the flight actually takes off. So, even if the P&L statement shows losses, the cashflow statement might still be positive.

That’s why real finance analysis goes beyond profit — it’s about understanding how cash moves through a business.

If you’re learning finance or preparing for CFA, this is one concept you can’t skip.

[cashflow statement, accounting profit, accrual vs cash, airline business model, revenue recognition, CFA Level 1 concept, finance analysis, business fundamentals, Parth Verma, The Valuation School]