Originally Posted by
N1003U
Thanks. That was an interesting read. In 2012 LH took an extraordinary charge of charge of 102 million € for write-downs of retired aircraft and another 27 million for impaired aircraft and repair parts (see note 9 on page 150 in the German-lauguage edition of the 2012 LH Annual Report).
Even more interesting to me in the same note, though it was not really material, was that LH took a 2 million € write down on the "Lauda" brand name that isn't used anymore...funny the things one finds lying around still on the books sometimes...

If you are interested in that kind of stuff, I strongly recommend Delta's annual reports from 2001-2010 including their brankruptcy (exit)
Just stunning...

Originally Posted by
FollowTheSun
I wonder whether it will really be EK's problems or of some leasing companies or aircraft fonds... Does anyone know how many of their A380 are actually OWNED by EK?
Originally Posted by
LufthansaFlyer
I BELIEVE that they are self-financing their toys.
Emirates is in bed with almost everyone regarding the big bird, ranging from good old fan favourites like KFW, Helaba, Coface or Doric not to mention the Saudis and Chinese.
Some of the deals are pretty innovative, not as nice as Lufty's Jolcos denominated in Euro (

), but still solid.