Air transport industry is a capital-intensive industry, and capital expenditure such as aircraft purchase mainly comes from bank loans and financial leasing, which leads to a generally high asset-liability ratio of aviation enterprises.
Capital expenditure refers to the benefits of property or services obtained through it. You can give the expenses that occurred in multiple accounting periods. In the business activities of an enterprise, fixed assets, intangible assets, deferred assets and other assets that have been used for a long time and whose economic life will experience multiple accounting periods should be regarded as capital expenditures.