Originally Posted by
fivebyfive
Obviously Indigo is making a worth while profit with the bank lease backs. Where is the spreadsheet on that? Are the benefits from that transaction being realized somewhere other than the ULCC spreadsheets? Anybody know?
My understanding is that the sale lease back money is going to us and is accounted for. We were still losing money even with the sale lease backs. Although supposedly we were profitable in Q4. Results should be coming out soon but i don't remember the date