Thread: Bankruptcy
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Old 03-18-2021 | 04:34 AM
  #413  
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sanicom3205
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Originally Posted by havick206
A house generally is an appreciating asset. Aircraft of basically anything in aviation is the opposite except for some of the buildings they may own.
While that’s true, what’s that have to do with what he’s saying?

His point is that debt is acceptable (and even good) if what you went into debt to acquire pays the costs of ownership. It’s not an exact comparison, no one buys planes to make money off them. The depreciation is built into the economics of purchasing the airplane.
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