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DISCOVERY AIR INC 8.375 PCT DEBS T.DA.DB.A

Industrials Airlines


TSX:DA.DB.A - Post by User

DISCOVERY AIR INC 8.375 PCT DEBS
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Comment by Mongoose11on Dec 11, 2012 10:58am
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Post# 20712720

RE: RE: RE: Quarter Results

RE: RE: RE: Quarter Results

I wonder if the 4 million writedown of the 4 aircraft were for planes that were "purchased for expansion opportunities"?

It seems peculiar to me that those 4 planes could not be sold. Even if there's no market for them clearly the depreciation policy regarding them was soft.

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