Operating Expenses

{
  "id": "MLC-T-TRA-000273",
  "term": "Operating Expenses",
  "field": "Transportation",
  "definitions": [
    "Expenses incurred in the performance of air transportation, based on overall operating revenues and overall operating expenses. Does not include nonoperating income and expenses, nonrecurring items, or income tax.",
    "(Air) Expenses incurred in the performance of air transportation, based on overall operating revenues and expenses. Does not include nonoperating income and expenses, nonrecurring items, or income taxes.",
    "(Transit) The total of all expenses associated with operation of an individual mode by a given operator. Includes distributions of joint expenses to individual modes and excludes reconciling items, such as interest expenses and depreciation. Should not be confused with vehicle operating expenses."
  ],
  "subject": [
    "Air",
    "Transit"
  ],
  "references": [
    "TranStats Glossary",
    "National Transportation Statistics, Appendix B: Glossary"
  ],
  "url": "https://mlchart.com/terminology/transportation/operating-expenses/"
}