Replies to post #143867 on Value Microcaps Motherboard

[researcher59]

re FLY - the "end of lease" revenue may drop straight to the bottom line depending on the lease terms and accounting methodology - it's one of the big variables in quarterly results.

per the 20F -

In some leases, the lessor may be obligated to contribute to maintenance related expenses on an aircraft during the term of the lease. In other instances, the lessee or lessor may be obligated to make a payment to the other party at the end of lease based on a computation stipulated in the lease agreement. The calculation is based on the utilization and condition of the airframe, engines and other major life-limited components as determined at lease termination.