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Post by Shadow123 on Apr 2, 2019 11:50:09 GMT 1
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Post by addasih on Apr 2, 2019 23:45:17 GMT 1
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Post by Ravi1925 on Apr 4, 2019 9:05:38 GMT 1
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Post by ff on Apr 4, 2019 10:16:09 GMT 1
Is this all pushing for financial year end? It is exciting to see three frames been quickly prepared for delivery at the beginning of the month, but just wonder why the start of this month is so different from Feb & March. I thought Airbus is only focusing on calendar year, not financial year end.
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mjoelnir
in service - 2 years
Posts: 4,089
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Post by mjoelnir on Apr 4, 2019 10:24:57 GMT 1
Is this all pushing for financial year end? It is exciting to see three frames been quickly prepared for delivery at the beginning of the month, but just wonder why the start of this month is so different from Feb & March. I thought Airbus is only focusing on calendar year, not financial year end. Pushing frames out when they a ready. I would say delivering a lot of frames in the beginning of the fourth month or second quarter, shows that Airbus is not disturbed by petty dates or end of quarter showmanship. |
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Post by addasih on Apr 4, 2019 11:36:48 GMT 1
Is this all pushing for financial year end? It is exciting to see three frames been quickly prepared for delivery at the beginning of the month, but just wonder why the start of this month is so different from Feb & March. I thought Airbus is only focusing on calendar year, not financial year end. If it fiscal/financial year end, that would have end of March. There’s no financial year ends at the end of April if we use 4 quarters financial year. |
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Apr 4, 2019 12:04:05 GMT 1
Is this all pushing for financial year end? It is exciting to see three frames been quickly prepared for delivery at the beginning of the month, but just wonder why the start of this month is so different from Feb & March. I thought Airbus is only focusing on calendar year, not financial year end. Perhaps some specific customer demand ? |
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Post by ff on Apr 4, 2019 14:12:34 GMT 1
Is this all pushing for financial year end? It is exciting to see three frames been quickly prepared for delivery at the beginning of the month, but just wonder why the start of this month is so different from Feb & March. I thought Airbus is only focusing on calendar year, not financial year end. If it fiscal/financial year end, that would have end of March. There’s no financial year ends at the end of April if we use 4 quarters financial year. Financial year end is today, 5 April is the start of the new financial year.
I don't know all countries, but most of British companies (plus Hong Kong, Singapore, and most of commonwealth countries) follow this rule. I know this only apply to MSN296 and 294, not 289 and 291.
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Post by stealthmanbob on Apr 4, 2019 14:46:01 GMT 1
If it fiscal/financial year end, that would have end of March. There’s no financial year ends at the end of April if we use 4 quarters financial year. Financial year end is today, 5 April is the start of the new financial year.
I don't know all countries, but most of British companies (plus Hong Kong, Singapore, and most of commonwealth countries) follow this rule. I know this only apply to MSN296 and 294, not 289 and 291.
The early April date is the UKs tax year end date. Companies usually use an actual month end date for their year end, so 31st March or 31st December as examples. Edit - I use 30th June. |
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Apr 4, 2019 16:58:54 GMT 1
Except at company/group level, there is nothing such as an official fiscal year. In most (all ?) countries, a company decides the dates at which it closes its financial year. Most companies use the civil year, others use the end of a 'business season' .
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