Landings Rights of an airline is the permission granted by an airport authority for flights from foreign sources to land scheduled flights, non-scheduled flights, additional flights other than an international airport or user fee airport. In business valuation, landing rights are important intangible assets available to an airline operator. Landing Rights qualify as intangible assets because they can be recognised, identified and the associated economic value accurately measured. Intangible assets are a class of assets without physical form (such as a building) which can offer significant value to the owners. Business valuators estimate the fair market value of land rights by applying techniques under the cost, market, and income methods.