Originally Posted by
oliver2002
Another old friend from LH426/7 bites the dust...
Originally Posted by
oliver2002
Just for those interested, the depreciation rules of LH group aircraft:
...
Back in 2011 the annual report was a bit more detailed:
ie 12-14 year old aircraft are worth 10-15% in the books, 14+year old 5%.
This is helpful in reference to the aircraft deployed on some routes and the timing of retrofits that are currently done on aircraft that are either approaching the 12 year mark or older.
Not that it is all that important to the discussion, but anyone know what kind(s) of accelerated depreciation schedule(s) was/were used until 2007 and in 2009 under the "Financialmarketstabilisationact"?