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Message: Re: IFE Revenue-"Expenses"
3
Jun 21, 2011 05:18PM

"Operating expenses for fiscal year 2011 were $1.6 million, compared to $2.2 million in fiscal year 2010."

Good to see the shrinking expense rate as we approach the conclusion of 14 or so more settlements.

Compare today's expense tally with those of years past:

"Operating expenses for fiscal year 2009 were $2.8 million, compared to $3.0 million in fiscal year 2008."

Now all we need are 15 more settlements this summer, followed by round three and this has an entirely new and promising outlook.

5
Jun 21, 2011 06:06PM
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