Potential Profit Loss!

English Boards Community Support
1

My airline is based in Toronto Pearson, Canada.

Does this picture below mean anything bad? It looks bad by the negative and red numbers.

			Date
		
			Description
		
			Credit
		
			Debit
		
			Balance
	
			Saturday, 15.03.
		
			02:47
		
			Week-end closing of Canada Airlines
		
			-- AS$
		
			<span style="margin:0px;color:rgb(234,0,0);">37,220</span>&nbsp;AS$
		
			<span style="margin:0px;color:rgb(234,0,0);">-37,220</span>&nbsp;AS$
	
			02:52
		
			Leasing payment for&nbsp;<a data-ipb='nomediaparse' href='http://croydon.airlinesim.aero/app/fleets/aircraft/id/80337'>C-AAAG</a>&nbsp;(<a data-ipb='nomediaparse' href='http://croydon.airlinesim.aero/action/enterprise/aircraftsType?id=11950'>Boeing 737-700ER (winglets)</a>)
		
			-- AS$
		
			<span style="margin:0px;color:rgb(234,0,0);">295,000</span>&nbsp;AS$
		
			<span style="margin:0px;color:rgb(234,0,0);">-332,220</span>&nbsp;AS$
2

Well ..... these numbers tell you that your week-end closure is coming and you have to pay the saleries worth 37220$ (will be deducted from your account) and then the leasing rate for your aircraft is coming as well worth 295000$. If you add both together a total of 332220$. If your plane is flying and generating profit then there is no Problem. Only if you will reach negative balance when paying your Saleries at the week-end closure it will be a Problem. Depending on the securities you have you might get a rescue loan or you will get bankrupt. If you are not able to pay a leasing rate then the aircraft will be returned to the lessor. Hope that helps