An airline should recognize revenue from airline tickets in the period when:

Question

A. Passenger reservations are booked.

B. Passenger reservations are confirmed.

C. Tickets are issued.

D. Related flights occur.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN · Answer

Option D >>>>>>>>>>>>>>>>>>>>> Related flights occur.

Sara Naeem · Answer

Thank you Sir for giving me opportunity..answer is Option D ) related flights occur.

Muhammad Imran · Answer

D is correct.

When related flights occur.

Rowan Elhossary · Answer

D
When the actual service occurs then the revenue is recognized and reduced from the liability they owe to the customer for the service that should be provided for a pre-purchased ticket

Safia Seif Hamad · Answer

I would go for C, when tickets are issued. since it is the time payment has been done.

aziz urrehman · Answer

C is the correct one becuase when it issue once a ticket it can be cancel onely.

Ahmed Mekky · Answer

D. Related flights occur.

In other words, the airline industry measures a worth based on flown revenue.

Alex Haliabarda · Answer

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Khurram Shaukat Memon · Answer

I think answer (C) may be correct here.

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An airline should recognize revenue from airline tickets in the period when:

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