Sell a plane to the holding

English Boards Community Support
1

Hi,

I had an arrangement, where my holding bought a plane and then gave it to the subsidiary for nothing. Then the sub leased it back to holding. The idea was, that this way I could subsidize the subsidiary from my holding in the form of leasing payments.

But now I want to inject a bit more cash into the sub by selling the plane back to the holding at book value. However how does that effect the planes schedules and seats ? Is it just a financial transaction or are these things also effected ?

br,

2

You can choose sale and lease-back, seats and schedule remain untouched.

If you simply sell it, you lose seats and schedule of the plane.

3

Sell and leaseback is not an option. The plane is used by the holding, but owned by the sub.

So when I do this there is no way to avoid the effect on schedules etc ?