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These excerpts taken from the AYR 10-K filed Mar 2, 2009. Other
income (expense):
Total other income (expense) represented income of
$1.2 million during the year ended December 31, 2007
and expense of $3.7 million during the year ended
December 31, 2008. The increase in expense was primarily
due to $11.4 million of expense for mark to market
adjustments on our
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undesignated derivatives in 2008 as opposed to a gain of
$1.2 million in 2007, partially offset by a
$6.5 million gain recorded on the sale of eight aircraft
during 2008.
Other
income (expense):
Total other income increased $1.2 million during the year
ended December 31, 2007 versus the same period in 2006 due
to a $1.2 million mark-to-market adjustment on undesignated
hedges.
Other income (expense): Total other income (expense) represented income of $1.2 million during the year ended December 31, 2007 and expense of $3.7 million during the year ended December 31, 2008. The increase in expense was primarily due to $11.4 million of expense for mark to market adjustments on our
Table of Contentsundesignated derivatives in 2008 as opposed to a gain of $1.2 million in 2007, partially offset by a $6.5 million gain recorded on the sale of eight aircraft during 2008. Other income (expense): Total other income increased $1.2 million during the year ended December 31, 2007 versus the same period in 2006 due to a $1.2 million mark-to-market adjustment on undesignated hedges. This excerpt taken from the AYR 10-Q filed Nov 17, 2008. Other
Income (Expense):
Total other income (expense) increased $4.2 million during
the nine months ended September 30, 2008 versus the same
period in 2007 primarily due to a $5.9 million gain on the
sale of five aircraft recorded during the second and third
quarters of 2008.
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