QUOTE(ham_revilo @ Aug 28 2012, 09:10 PM)
http://www.theedgemalaysia.com/business-ne...9-billion-.html
wow. most airlines are losing money or profit down, but AA still flying
too good to be true
I also thought so, but the profit includes one-off gain on disposal of 4% of Thai AirAsia shares.wow. most airlines are losing money or profit down, but AA still flying
too good to be true
From Note 23:
...the AirAsia Berhad investment in Thai AirAsia is now accounted for in accordance with MFRS128 Investments in Associates, which requires that the equity method be used.
What are the impacts?
BTW, I think it is best to discuss further in the AirAsia thread, but I can't bump it...
This post has been edited by river.sand: Aug 28 2012, 09:23 PM
Aug 28 2012, 09:19 PM

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