bacchus,
the value vba's propert plant and equipment is less than their liabilities so in the context of the argument the $1.96 billion is NOT significant when compared to liabilities totalling $2.1 billion.
i also disagree that in the present climate the market for used aircraft attracts a premium to those off the factory floor.
supply and demand!!!!
cheers.
planes worth almost 2billion market cap 500m, page-11
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