Role of Cost and Management Accountants in Air Express Transportation (Express Delivery) Services

Abstract

The aviation industry has played a key role in globalization by compressing time and distance covered, which has helped businesses to obtain goods and services immediately and efficiently to meet customer demands. While the high costs of utilizing air express services were earlier considered as a barrier, this is not a limiting factor any more, especially in sectors where timely delivery is critical, such as medical supplies, perishable commodities, spare parts, fashion items and other services where customer demand is strong enough so that selling prices cover express transportation costs. In this paper, the financial advice and expertise provided by management accountants is discussed.