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- 30 Aug 2020, 00:59
- Forum: IFRS-related topics
- Topic: IFRS 16 for small Airlines with all dry operating leases
- Replies: 2
- Views: 1181
IFRS 16 for small Airlines with all dry operating leases
Hi, One of our domestic airlines had all aircrafts on dry operating leases (reported off balance sheet). Now they have to adopt IFRS 16. They are paying lease rentals and remaining period of lease is 144 months. The Pakistan Civil Aviation Authority requires a minimum threshhold of equity for renewa...