Originally posted by Rambuster
View Post
Announcement
Collapse
No announcement yet.
EK - We are not subsidized
Collapse
X
-
Emirates finances most of its fleet via on balance sheet finance leases and off balance sheet operating leases (note 23 in its 2010-11 financial statements). It is not clear to me if these leases are priced on commercial terms and who the the main lessors are. That could be one area where it may be paying lower rates....the presentation doesn't address it.
Comment
-
Originally posted by 259850 View PostEmirates finances most of its fleet via on balance sheet finance leases and off balance sheet operating leases (note 23 in its 2010-11 financial statements). It is not clear to me if these leases are priced on commercial terms and who the the main lessors are. That could be one area where it may be paying lower rates....the presentation doesn't address it.
Comment
Comment