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Based solely on the disclosures in Item 2 of form 10K for Jet Blue (JBLU) and Spirit Air (SAVE), which companys Debt/Equity ratio do you
Based solely on the disclosures in Item 2 of form 10K for Jet Blue (JBLU) and Spirit Air (SAVE), which companys Debt/Equity ratio do you think will change more if you make pro forma adjustments to capitalize operating leases?
Item 2 disclosure from Jet Blue (NASDAQ:JBLU): ITEM 2. PROPERTIES Aircraft As of December 31, 2015, we operated a fleet consis ting of 25 Airbus A321 aircr aft, 130 Airbus A320 aircraft and 60 Embraer E190 aircraft as summarized below: Seating Capacity Owned Capital Leased operating Leased Total Average Age in Years Aircraft Airbus A320 150 102 24 130 10.3 25 Airbus A321 190 159 23 30 100 30 60 Embraer E190 155 54 215 8.3 Item 2 disclosure from Spirit Air (NASDAQ:SAVE): ITEM 2. PROPERTIES Aircraft As of December 31, 2015, we operated a fleet of 79 aircraft as detailed in the following table Aircraft Type Seats Average Age (years) Number of Aircraft Number Owned Number Leased A319 145 9.6 29 178 A320 2.6 30 218 228 A321 18 79 61Step by Step Solution
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