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Old 9th Apr 2002, 22:19
  #11 (permalink)  
FlyingV
 
Join Date: Feb 2000
Location: Dublin, Ireland
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Sounds OK to me. All Ryanair is doing is spreading the cost of maintenance over the period of time that maintenance gives a return to the company.

Also, while this periods maintenance costs may not all hit the P&L today, costs of maintenance performed over previous periods will.

The net effect is a smoother (and therefore arguably more realistic) report of finances.

Of course, none of this matters if you really, really hate Ryanair anyway And they say love is blind

Regards,
V.
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