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Old 23rd Aug 2020, 22:33
  #47 (permalink)  
Reflex10
 
Join Date: Jan 2000
Location: Australia
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Big write-offs in B747 values a few years back and A380's now simply confirm that previous profits were overstated by not charging sufficient depreciation etc.
Sets it up for a stream of higher profits as happened with the last big write-off a few years ago.
Very cunning!!
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