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Credit and leases


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#1
aoumd

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I have a good positive cash flow but issued some bonds early on and now have a CCC- credit rating that caps me at 10 aircraft leases. Is there anything I can do before the bonds are bought back in 5 years to increase the number of allowed leases? I don't need to issue bonds to pay a down payment anymore.

#2
MacPhal

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Ya i'm new and I did the same thing :( You should be able to up your credit after a few months of on time payment just make sure you have the money in the bank on the 16th. Thought it shouldn't be hard to save the money when you can't lease new airplanes :P 



#3
Hake.

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As your profitability continues it'll rise slowly, don't worry.

#4
aoumd

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Thanks for the info!






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