When is it available to get a loan?


#1

 It says that it is not a good time for a loan. When is it available to get a loan?


#2

it says that you are not eligible to receive a loan I guess.

Equity (planes, terminals) more than 20 Mio AS$ I think.


#3

Note that leasing deposits are not equity


#4

Ok Thank You


#5

it says that you are not eligible to receive a loan I guess.

Equity (planes, terminals) more than 20 Mio AS$ I think.

10 million AS$ plus a little bit extra.


#6

Is their a max loan?


#7

Doesn’t seem to be but it’s based on equity you have. More equity = more loan available. Been blunt, I’ve only ever used the loan facility when I’ve overspent before weekend closing. I would not base any expectation or business plan on it as the amount you can usually borrow you can earn In weej


#8

As stated before, on these forums:

When you actually can acquire a loan, you usually don’t need it.  :huh:


#9

Sure the first loans are very low but when after some time you will be able to get some pretty large loans (almost equal to your flight equipment investments).


#10

I have well over 20million and I still aint available for a loan which is weird. 


#11

Do you have over 20 Mio in equity or as money on your account?

Equity are either paid planes or seats, own terminals built also.


#12

Nb: Planes as in planes owned....not leased


#13

Equity that counts: purchased aircraft, seats, terminals, minus any outstanding loans.