Originally Posted by
muermel
"During the preceding quarter, the company sold 10 Airbus H225 heavy, nine S-76C++ medium, and 12 Bell 407 single-engine helicopters for cash proceeds of $40.5 million."
Surely that can't be correct, can it? If so, I can see why they're bleeding money.
Key words are "cash proceeds". Sold aircraft were probably mortgaged, so that has to be paid off.