Originally Posted by
zambonidriver
232 aircrafts for €136 mn ? Either these operations are massive loss makers or the numbers don't add up.
The value of a company depends on so many things, including assets (eg aircraft), liabilities (eg the leases most of those 232 on are), future profitability (eg if they have good operational contracts or whether they all expire next year) and so on. You don't calculate the value of a company based only the resale value of the aircraft.