then why does it show as loss, and again, the book value of the aircraft is only 9m, not 50m, shouldn't it go from there instead of original purchase price?
I have to say its very difficult to find out if you are in profit or not with these kind of figures....
For a solution, since i try not to complain if i don't have a solution, couldn't the depreciation be moved to a separate area where it makes more sense, i.e company value instead of operating profits or losses?
Taken from my aircraft generating most losses....
Ticket revenue 0 USD
Line maintenance (A+B) 0 USD
Insurance -3 186 USD
Fuel cost 0 USD
Route fees (1) 0 USD
Weekly depreciation -567 860 USD
Total estimated -571 046 USD
I understand that to be a financial loss of 571k, with with an aircraft valued at 14m.