About the 8K report
01-17-2018, 01:26 PM
#1
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Joined APC: Apr 2017
Posts: 409
About the 8K report
The cost savings they reported in the 8K yesterday was in response to the tax reform legislation. Companies can adjust the way they are expensing their deferred tax liability. The NC expected them to do this. Several airlines are doing it for 2017 tax year. This was a “below the line” adjustment so it did not affect their pre-tax margins for 2017, only net margins. In any event, this is a “book” change and not a cash impact change.
Perhaps people could use some kind of mathematical gymnastics to put a value on the better than expected TRASM figures for 4Q17 which the company also reported. The improved guidance on TRASM does not even get the company back to where they thought they would be when the year began, however. Unit revenues are still down from a year-ago.
Perhaps people could use some kind of mathematical gymnastics to put a value on the better than expected TRASM figures for 4Q17 which the company also reported. The improved guidance on TRASM does not even get the company back to where they thought they would be when the year began, however. Unit revenues are still down from a year-ago.
Last edited by UNSUBSCRIBE; 01-17-2018 at 01:29 PM. Reason: Spelling
01-17-2018, 01:31 PM
#2
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Joined APC: Aug 2015
Posts: 195
The cost savings they reported in the 8K yesterday was in response to the tax reform legislation. Companies can adjust the way they are expensing their deferred tax liability. The NC expected them to do this. Several airlines are doing it for 2017 tax year. This was a “below the line” adjustment so it did not affect their pre-tax margins for 2017, only net margins. In any event, this is a “book” change and not a cash impact change.
Perhaps people could use some kind of mathematical gymnastics to put a value on the better than expected TRASM figures for 4Q17 which the company also reported. The improved guidance on TRASM does not even get the company back to where they thought they would be when the year began, however. Unit revenues are still down from a year-ago.
Perhaps people could use some kind of mathematical gymnastics to put a value on the better than expected TRASM figures for 4Q17 which the company also reported. The improved guidance on TRASM does not even get the company back to where they thought they would be when the year began, however. Unit revenues are still down from a year-ago.
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01-17-2018, 02:05 PM
#3
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Joined APC: Apr 2017
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