Frequent-flyer program

ACCOUNTING FOR AIRLINE FREQUENT FLYER PROGRAMS: MANAGEMENT INCENTIVES AND FINANCIAL REPORTING IMPACTS May 2012 Brian J. Franklin, BBA Accounting ‘12, College of Business and Public Policy, University of Alaska Anchorage, 3211 Providence Drive, Anchorage, AK 99508, 907-268-4233 Ext. 401, bfranklin@frontiertutoring.com ABSTRACT The obligation to provide free or reduced-fare travel to passengers who redeem their accrued frequent flyer program (FFP) benefits represents a significant liability on every major U.S. airline’s balance sheet. Major U.S. airlines employ one of two methods to account for the liabilities they incur when issuing mileage credits to traveling passengers. The Deferred Revenue Method recognizes a liability for the fair value…

When I first realize I had a problem in writing, I was writing a community paper, my choice of words in my mind was great, but they were horrible when they were put in writing. I took the community flyer and pass them out in front of a school, and I remember a parent saying to another lady who in the world wrote this? This person right like they’re in the third grade, I was embarrassed and I knew there needed to be some changes in my writing. I stop passing out the flyer and went home. I went…

Everybody wants to fly one day and Wilbur Wright and Orville Wright made that a possibility.They took flight on December,17,1903 where their lives changed. Wilbur was born in Millville,Indiana on April,16,1867 he was the first child in his family.His brother Orville Wright was brother and 2nd child of the Wright family. Where they moved to Dayton,Ohio where they grew up to work in their bicycle shop.Where they worked with their sister and his other brothers worked their to earn money. When the…

parental education is the purpose for the creation of this discharge teaching tool. An informative flyer will provide educational information that addresses common barriers that parents encounter during care for their child. This flyer is organized in a question-and-answer format so that parents can quickly find answers to their concerns. The specific learning objectives for this tool are the answers to these common questions, and reflect the outline of the flyer. The first objective is for…

First time flyer I always wanted to be a cheerleader. I loved watching older cheerleaders do stunts, gymnastics and I also liked watching them support their team. At my elementary school, no one was allowed to play sports till you were in third grade. So after waiting five years, I finally got to try out for the cheerleading team. I expected I would be nervous and scared when I got to tryouts. That 's the complete opposite of how I felt. I was so excited to show everyone all the jumps I could…

Orville and Wilbur Wright- also known as the Wright Brothers, were most famous for the invention of the gas-powered aircraft. In History, they have become the inventors of the first successful airplane. This also earned them the honor of being first in flight. Although there were creators of airplanes before them, the other inventors didn’t create them with the same ideas. They invented different types of aircraft, trying to perfect them. A good question to ask is, did these brothers know their…

“No flying machine will ever fly from New York to Paris…[because] no known motor can run at the requisite speed for four days without stopping.” -Orville Wright One thing that I found interesting about this quote is the fact that it came in 1909, which was about 6 years after the Wright Brothers’ original flights, which were considered very successful at that time. I think Orville Wright said this because he falsely assumed that airplanes would never go faster than they did at that time. Of…

By being a "good" inventor you have to design, plan, test, and make your invention perfect. Some scientists ultimately fail, but Orville and Wilbur Wright definitely didn't- they invented the first motor aircraft that we still use almost 100 years later! They were obviously good scientists! When the Wright brothers were building and testing their new airplane, they had people helping them throughout the process. At a time when the Wright brother's propeller shafts, the part of the airplane…

Emmanuel Campos Severns Period 5 12/3/15 Orville and Wilbur Wright’s Legacy The American Legacy of flight pertains to two well known engineers of aviation. From various tests and creations came the first flight in which they created the legacy. The phenomenal creation of the control system in aircrafts from the Wright Brother’s skills, mechanics, curiosity, understanding, and teamwork changed the world of aviation. The Wright Brothers made a significant impact to history by achieving the first…

flights (Reuther). They made many public flights and dazzled crowds and became heroes, though they did not like the attention and really just wanted to get back to work (Smithsonian). They worked hard and got patents on their plane in America and several countries in Europe (Smithsonian). But there was some controversy. The brothers almost missed getting credit for creating the first successful plane; officials at the Smithsonian Institute wanted to give Langley the credit, but later the…