PPRuNe Forums - View Single Post - Qantas/Jetstar Depreciation and Amortisation
Old 27th Jul 2011, 11:05
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QAN_Shareholder
 
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600ft-lb,

Jetstar's fleet is almost entirely operating leased and so depreciation and capital charges are included within the operating lease charge. For an airline where aircraft are owned no capital charge is taken in the P&L hence the EBIT margin for an airline which owns their aircraft should be higher.
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