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Bad Credit rating

R2

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6 replies to this topic

#1
dafydd_lewis

dafydd_lewis

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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? O_O

#2
bigbadcrusher

bigbadcrusher

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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
Brando

Brando

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also missing aircraft leases hurt you too.

#4
adityapratama

adityapratama

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just maintain positive cash and you'll see an increase in credit rating in a few months ;)

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#5
Yuxi

Yuxi

    AE Developer

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Yep, that's the downside to using bonds. I should add a warning to the bond confirmation about aircraft lease limits :shifty:

#6
Sthefan Gabriel Berwanger

Sthefan Gabriel Berwanger

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Now I`m trapped and stuck on this, can`t lease anymore even with millions on cash....ouch

#7
52N13E

52N13E

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You can still buy new a/c though, can't you?





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