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Old 11th Feb 2010, 22:38
  #3064 (permalink)  
DADDY-OH!
 
Join Date: Oct 2003
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al446

I haven't seen ANY books or accounts regarding Jet2's finances. The £140 million came was a best 'guesstimate' based on how much their owned assets of the aircraft, spares, property, slots, Fowler Coolchains equipment & assets because the share price & valuation is for The Dart Group as a whole NOT just Jet2. That 'guesstimate' is based on most of the last 20 years being involved in ACMI operations where you get a feel for how much an aircraft is worth in a monetary sense.

Facelookbovvered

Personal attacks are the last defence of an inadequate mind & I won't stoop so low as to respond with like. However, you could ask PWC how much debt GSM was in at close of business on 16th Dec 2009 but that would torpedo your theory that GSM was a poorly run company.
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