|Quoting JoeCattoli (Reply 3):
As for foreign airlines, I can only tell you that the "annual report" for EI is a joke
This is the problem... my question was about a different source of information from the airlines website... Someone who analyzes the financial data in an unbiased manner...
I doubt you will find any such "unbiased" reports. The reason is information. The SEC rides very hard on all publicly traded stocks in the US. They have very specific forms that MUST be filled out and with the recent Sarbanes-Oxley - Financial and Accounting Disclosure Information act, the CEO is now criminally responsible for any mistruths in the 10K and 10Q. Not too many other countries have that.
Any analyst will be only able to go by what he is given by the company, and that has often been abused, witness the Enron and Worldcom scandals. You might want to look at stocks listed on NYSE
or NASDAQ. Then you would have the advantage of going to any of hundreds of reports.
One other resource you might try is the various D&B sites. Hoovers comes to mind.
However, they are going on what they were told by management.
[Edited 2006-04-07 20:05:26]