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Old 8th April 2009 | 07:40
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Five Green
 
Joined: Jun 2006
Posts: 335
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From: Asia
Ahead or behind what exactly ?

VR :

Wow you nailed those figures ! Maybe you can explain what exactly they mean ! As I am sick of the company saying "We are xxx behind last years budget....." well what does that mean...Does it mean "we are stillmaking money, just not enough to pad our bonus....." ?

Even in the latest release it said " we are xxx behind the YOY budget and that is even after adjusting our figures down " or words to that effect (affect?) ! So they have even reduced their expectations but still did not meet a "target".

So is cash flow negative or positive ? Are we bleeding money or just having a down year ? Since the company cannot release figures it is hard to tell.

I do know this, we own a lot of aircraft, we can withstand a down year or two. If we can not then we are in the wrong business. Yes things are grim now, but they will improve again. Let's not buy in to the propaganda and give away anything that we most certainly will not get back.

Peace out
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