Analyse @hiltontarrant's tweets
@hiltontarrant
| 13,270 followers
@Afro_Intrepid @justinspratt @mcleodd It was a bet.
By end of 2019, it had made pre-delivery payments of around R500 million towards the purchase of eight 737 MAX aircraft. By then, the remaining commitment to Boeing was R5.2 billion.
Excl SAA settlement, R300m profit off R7bn in FY19 sales. Only R2.6bn of equity.
By end of 2019, it had made pre-delivery payments of around R500 million towards the purchase of eight 737 MAX aircraft. By then, the remaining commitment to Boeing was R5.2 billion.
Excl SAA settlement, R300m profit off R7bn in FY19 sales. Only R2.6bn of equity.