While the initial 6 months aircraft lease cost shows in the statement, aircraft leasing costs for month 7 and beyond aren't reflected in the statement.
Aircraft depreciation is also not being reflected in the statement.
Doing the math on past months statements, both 7th month and beyond leasing and depreciation costs aren't being taken into account for airline valuation.
[-] Aircraft Leasing and Depreciation costs not showing in the consolidated stament
Started by Obelix, Jun 06 2010 08:55 AM
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