PPRuNe Forums - View Single Post - Eastern Airways-2
View Single Post
Old 20th Nov 2018, 20:13
  #334 (permalink)  
Albert Hall
 
Join Date: Mar 2004
Location: Dorset
Posts: 671
Likes: 0
Received 0 Likes on 0 Posts
As it's an asset impairment rather than an onerous contract provision, it looks to be relating to the J41s which are owned. I guess that's any residual value in the J41s written off in the books.

Just because they paid nothing for them doesn't mean that they were held on the books at zero, if they had managed to convince the auditors way back in the past that they had value.
Albert Hall is online now