RE:RE:RE:RE:Why issue?WayneH5565 wrote: Litterally every single REIT does this. So accoring to a chicken farmer, every single REIT is going Bankrupt... No wait they use a different accounting paradigm that looks at AFFO (Adjusted Funds From Operations) because traditional FCF calculations would also be negative. It's because they are building new buildings from the debt and equity they raise that pushes their capex high. EIF is exactly the same change buildings for aircraft.
Where the reit that is true, they use the funds to buy buildings, invest into their buildings with efficient technologies, etc. Those reit get a return on investment on those purchases via higher rents and lower operating costs, ie utilities, etc.
engine overhauls and investments in existing planes will not create any additional revenue. Not like they could now charge an extra $50 per passenger because they had to overhaul an engine.
make sense?