Originally Posted by
blow.n.gasket
I was told the reason why no more 787’s were coming in the near term was because of FIRS16 accounting rules and Qantas is busy paying out all of Jetstar’s financial alchemy inspired leasing arrangements in order to be compliant prior to next financial year . Only so much cash flow available apparently ?
Should be interesting to see how different sections of the group are portrayed as the financials transition from GFR to FIRS Standards.
Interesting and would explain why despite I’m told there been a big push by engineering to get rid of the 747s that it hasn’t happened. If they don’t order more 787s also hard to see how they will cover the flying if OJS,T,U and OEB go early next year.