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Author Topic: 75 million dollar spike in leasing cost  (Read 490 times)

Offline [ATA] APB Airlines

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  • Posts: 652
75 million dollar spike in leasing cost
« on: February 22, 2012, 01:08:19 AM »
Is the a way for you to look back on why this happened Sami. The only think i could see is that I bought out a lease with less then a month to go and it renewed before i bought it and ended up buying the extension. But if this happened it showed me the price plus the few days of lease buy out.  The only new lease i took was about 4-5 million payment.
APB Airlines


  • Former member
Re: 75 million dollar spike in leasing cost
« Reply #1 on: February 22, 2012, 05:34:42 AM »
You probably bought a plane and paid the 12 month leasing costs for a total of 75 million. So in the income statement shows up as a 75 million lease cost (for that period only). This should be an extraordinary item, not recurring.


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