11 replies to this topic

[Raoni Henrique]

Well, here is a suggestion and also a feature request.

 

I would like to be able to pay-off the bonds i've made, i have now 40 million and my credit rating still 'CC' cause i made alot of bonds, and i could just pay for them so my credit rating could improve a bit.

 

There is not alot of explanations on the game page so i did discover by myself that having all bonds available is really bad if your going to release planes. And that is a pain in the ass, we should be able to undo our acts, even if we pay more money than we got

[ChiJohnAok]

Callable or redeemable bonds are not uncommon:

https://www.sec.gov/...llablebonds.htm

I would support such a feature.

I would also support the introduction of corporate lines of credit as they are realistic.

Potential features:
Start out with small credit limits for new/small airlines.
As the airlines grow and demonstrate credit worthiness; they could request increases in those credit limits.
The airline could borrow or pay down balances, within the credit limit amount.
Interest would of course be charged.
Interest rates could go up or down with improvements or decline in credit worthiness.
Also, you could introduce a randomizer which would increase or decrease interest rates base on "economic conditions" (those conditions being randomly assigned for the entire game world.

[Stevphfeniey]

Perhaps the interest rates could not be randomized, instead going off historical data which wouldn't be particularly hard to find (I'm sure somewhere some government schmuck found the average interest rate of private banks in the US for a particular year).

 

Another feature related to credit (and ChiJohnAok's idea of credit worthiness) would be approval or disapproval of loads from banks. Basically it could work so that lacking money would make it harder to get a loan, but also too much money. So if you have enough cash to do whatever you want to do, the bank won't loan you the money because there is no point. But these are just ideas.

[ChiJohnAok]

Perhaps the interest rates could not be randomized, instead going off historical data which wouldn't be particularly hard to find (I'm sure somewhere some government schmuck found the average interest rate of private banks in the US for a particular year).

 

Another feature related to credit (and ChiJohnAok's idea of credit worthiness) would be approval or disapproval of loads from banks. Basically it could work so that lacking money would make it harder to get a loan, but also too much money. So if you have enough cash to do whatever you want to do, the bank won't loan you the money because there is no point. But these are just ideas.

While it would be easy to find historical rates, it still might be beneficial to have some sort of randomization, at least minor.  Otherwise, one could simply look up rates on the internet and then know what is in store for the immediate future.  

 

So use historical rates for the general trends up or down, but place a bit of randomization into the rates being charged.  

 

Someone goes in and maxes out their credit line, they might be ok today, but if rates spike up in 3 months, then they could have major  impact on expenses and cash flow----so in other words, real life potential.

[ChiJohnAok]

Perhaps the interest rates could not be randomized, instead going off historical data which wouldn't be particularly hard to find (I'm sure somewhere some government schmuck found the average interest rate of private banks in the US for a particular year).

 

Another feature related to credit (and ChiJohnAok's idea of credit worthiness) would be approval or disapproval of loads from banks. Basically it could work so that lacking money would make it harder to get a loan, but also too much money. So if you have enough cash to do whatever you want to do, the bank won't loan you the money because there is no point. But these are just ideas.

 

 

Historical rate information as maintained by the US Federal Reserve Bank for a variety of different interest rates is available here for download:

http://www.federalre...es/h15/data.htm

 

The information is available (as applicable) by year, month, week, (perhaps even by day---I don't recall exactly as its been a while since I looked at this in detail). 

[ChiJohnAok]

Perhaps the interest rates could not be randomized, instead going off historical data which wouldn't be particularly hard to find (I'm sure somewhere some government schmuck found the average interest rate of private banks in the US for a particular year).

 

Another feature related to credit (and ChiJohnAok's idea of credit worthiness) would be approval or disapproval of loads from banks. Basically it could work so that lacking money would make it harder to get a loan, but also too much money. So if you have enough cash to do whatever you want to do, the bank won't loan you the money because there is no point. But these are just ideas.

 

 

Historical rate information as maintained by the US Federal Reserve Bank for a variety of different interest rates is available here for download:

http://www.federalre...es/h15/data.htm

[Travel Transcontinental]

Yes to all of these, especially the bonds. Corporate and government entities pay off bonds all the time.

[Lord Letto]

it would need some randomness anyway, cause where would you find records for say 2020 or 2030?

[Gaff85]

If you could pay off bonds with additional interest for early payment

[TNT88]

I mean, the main point of paying bond early is to get better credit ratting so we could leased more airplane right? I supposed it's a good thing. 

[QK Flight Industries]

Not sure if this directly applies to airline bonds, but just because you paid off a debt in full doesn't mean that your credit score improves significantly immediately.

[TNT88]

It helps a bit. You know, you took bonds and it lower your credit rating. You need to wait a month for it to repair. Paying it off would help the credit rating you lose from accepting the bond.