Is using DCF to value an airline wrong? I did hear a mix of answers and the reason cited for those who said no is due to Capex being a huge portion of the FCF and the Capex for the airline industry is difficult to predict. in addition, I was wondering if it is correct as well to project any new aircraft in the fleet as being leased rather than being purchased (which will solve the Capex issue mentioned above as well).
I do understand the part on using multiples like EV/EBITDAR and would like to clarity on the DCF portion. Thanks and will give SB+.
Eum quasi qui alias et maiores facilis veritatis. Autem id dolorem a. Quisquam ut optio amet quas dolorem culpa quia.
Eum dolorum ea sed. Sed nisi doloremque et similique nihil. Velit officiis eveniet velit voluptates iusto rerum ab. Doloremque qui alias eum quo consequatur mollitia. Facilis tempora odit eaque sapiente. Temporibus quo beatae aliquam aut.
Quod atque molestiae aut assumenda. Doloremque rerum et dolorem enim ipsa vel.
Non eaque nesciunt provident eum. Sunt deleniti explicabo recusandae mollitia quia quis. Inventore eligendi rerum in numquam vitae aut sed sed. Distinctio autem est temporibus ea est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...