Thread: 717 phase out?
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Old 03-18-2019 | 04:37 AM
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Originally Posted by sailingfun
Could that be Delta has 72 on operating leases?
Yes...I Grammer not so gooder.

For those asking “what’s the difference?”:

Operating lease is treated generally like renting. That means, the lease payments are treated as operating expenses and the asset does not show on the balance sheet. A financial lease is treated like a loan. Here, the asset ownership is considered by the lessee and so asset appears on the balance sheet.
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