Originally Posted by
Icarus2001
EBITDAR really means profit before we have paid all of our outstanding bills. Meaningless creativity.
EBITDAR stands for earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs (EBITDAR). It's useful for businesses such as hotels, restaurants or casinos that have unique or variable rent costs
Interest, pretty sure they own their birds so nothing there
Tax, is only on profit
Depreciation, I would think the SAABs have depreciated as much as possible
Amortisation, see above
Restructuring, possibly, a lot of route changes lately
Rent, perhaps...
Can't see $1mil being thrown into the negative with other costs, unless they are carrying losses over from earlier in the year
Good to see the jets making coin, as I predicted many time for November this year