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Old 14th Jun 2017, 02:13
  #674 (permalink)  
faheel
 
Join Date: Jul 2003
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"You'll probably find that first half 2016 loss was largely attributed to the introduction of the new aircraft type."

about half of that amount due to atr introduction costs.

k2.3 mil atr direct costs
k13.3 mil impairment of dash 8 lease costs
k5.0 mil early dash 8 lease termination costs.

whichever way you look at it both airlines are money pits...financial disasters for shareholders.
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