Forgive me if this has already been discussed (I know we all hate multiple posts on the same topic) but Sami, or anyone; are there any planned changes to the accounting system?
I get why it shows a loss if I spend money to lease an aircraft, because I'm just paying a bill in advance - a bleed which is a loss. But for aircraft purchases, and I would argue even base setup, wouldn't that be considered a capital investment? So say you say buy check-in kiosks, invest in call centres, ground handling equipment, etc, etc. - all the things needed at a base - and those are part of the charge you take when opening a new base - all of those would be capital investments because your airline would own them? Especially seeing as the things you don't own i.e the physical airport space you're still paying rent on. So shouldn't those actually add to your book value even if your cash is depleted? Same for aircraft purchases. So that the earnings number you see is something a bit closer to EBITDA. It would help a player know more clearly how well he was doing.
Plus, for our own bragging purposes, it would probably help some of us on the stats page (I think my margins are somewhat better than reflected but I haven't pulled out a calc