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monkeybuilt

03/04/15 3:06 AM

#33656 RE: integral #33648

Virtually ALL revenue that ANY airline receives is initially deferred. What is your point? That we should not sell tickets?

LongTimeObserver

03/04/15 7:58 AM

#33666 RE: integral #33648

The value of prepaid transportation is characterized as Air Transport Liability, until earned as Revenue, or if unused, until aged out and taken as an Adjustment to Revenue.