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Old 3rd Jan 2008, 17:07
  #86 (permalink)  
EJetCA
 
Join Date: Aug 2006
Location: USA
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This whole "making money" and "losing money" argument is tiring. I'll bet the only thing that can be proven is AAWH is making or losing money. AAWH hires accountants and tax lawyers to show what they want to show. Through special "one-time" writeoffs or credits, and many, many other devices, AAWH can show each subsidiary as "making" or "losing" money. I'll bet the end of the 1Q they'll show a 1-time writeoff for the 3 Classics being parked, and claim 5Y is posting a loss.

The real deal will begin when foreign ownership is allowed and DHL buys the remaining 51% of PO.

My $.02
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