PPRuNe Forums - View Single Post - Norwegian burning cash!
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Old 6th Oct 2017, 10:27
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Join Date: Dec 2006
Location: Still looking
Posts: 126
Iím not an accountant but isnít most of Ryanairís debt held off the balance sheet... held by leasing companies but Ryanair need to provide the cash to keep the plates all spinning... Iím assuming many airlines are the same? Interrupt that cash flow and it gets hugely expensive.... for example when you canít fly ac due Crew shortages!
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