Originally Posted by
eternaltransit
I am not trying to redirect the thread away from EK - which is why I said I wasn't going to comment on why LH did what they did. For the record, I agree with you that what LH did was done in a totally legal way with legitimate reasoning - LH is going to use their owned planes longer, and so need to change their depreciation policy.
Excuse me, but it does not really matter what you think about the LH accounting practices...as long as the owners of LH are okay with it and nobody files a law suit.
http://investor-relations.lufthansag...ting/2015.html
Judging from the information provided by LH, it does not seem to be the case.
If there is nothing to hide, why do EK hide all the information about all the affiliated companies they do business with?
Why do they need two years to answer, if all the major auditors approve all the accounts since decades?
They should be able to find all necessary info within a few days, right?
I mean the report is only 80 pages Long, not even all is about EK, and even you tried to explain some of the points within a few hours...