Yobbo, quarterly results in the airline world dont mean squat, its the long tearm trend which are the real indication of the health of an airline, also as an ex owner I can assure you that one can change the figures and make things look just what you want them to be, i.e, in my outfit{now sold} changing the depreciation rate on the fleet just one quarter of a percent could show a totally new set of end year/quarterly figures, its called "acounting",not understood by most who fly aircraft.{or most investors for that matter!}
Last edited by clunckdriver; 25th Apr 2013 at 11:45.