Hey Guys,
Just a question...
I have 2 outstanding 5Mil bonds, they don't finish until 5 years from now. However this has lowered my credit rating to 'D'
With a D credit rating I cant lease new aircraft even with Millions of cash on hand.
Is there a way to pay back bonds quickly or bring the credit rating up, or have i just ruined my chance of getting new leased aircraft for 5 years?
#1
Posted 27 April 2012 - 02:45 AM
#2
Posted 27 April 2012 - 02:53 AM
You won't have to wait 5 years, but at least a few months. As long as you make the payments on time, you should see your credit rating go up.
#3
Posted 27 April 2012 - 03:13 AM
also missing aircraft leases hurt you too.
#4
Posted 28 April 2012 - 01:48 PM
just maintain positive cash and you'll see an increase in credit rating in a few months
Globe Alliance Leader
#5
Posted 01 May 2012 - 01:42 PM
Yep, that's the downside to using bonds. I should add a warning to the bond confirmation about aircraft lease limits
#6
Posted 15 September 2012 - 11:25 PM
Now I`m trapped and stuck on this, can`t lease anymore even with millions on cash....ouch
#7
Posted 17 September 2012 - 01:04 PM
You can still buy new a/c though, can't you?
Also tagged with one or more of these keywords: R2
Airline Empires →
Airline Takeover / Shared Control Requests →
Japan Overseas Airways CorporationStarted by Wellhellothere, 12 Aug 2022 R2 |
|
|||
Airline Empires →
New Players and Questions →
Add B777x and Irkut Mc21Started by Rumeth2004, 26 Nov 2021 S3A, S3C, O1, O2, R0, R1, R2, R3 and 2 more... |
|
|||
Airline Empires →
General AE Discussion →
Why does an airport have -3 gatesStarted by Yuki., 03 May 2021 R2 |
|
|||
Airline Empires →
General AE Discussion →
Best A300 replacement?Started by StratosTheKing, 06 Mar 2021 R1, S1, S2, S3A, S3B, S3C, O1, O2 and 2 more... |
|
|||
Airline Empires →
Logo / Livery Requests →
Designer Showcase →
Airlines NamesStarted by JetWorldFan21, 29 Nov 2020 S1, S3C, O2, R2, R3, R6, R7, Rα |
|
0 user(s) are reading this topic
0 members, 0 guests, 0 anonymous users