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Member Since 16 Oct 2011
Offline Last Active May 05 2021 06:46 AM

Bond interest dates should be flexible

22 October 2011 - 07:39 PM

This isn't a bug, but a very real issue with the way the bond system is structured right now - that is to say, inflexibly.

My airline is profitable to the tune of $100m a month, has an AA credit rating... and is under threat of bankruptcy because $30,000 of bond interest payments didn't get made overnight, because their interest date is very early in the month, when I'm still in the hole from gate leases. (Of course, I took out those two bonds early in the game, before I'd figured out the consequences.)

It would be really nice if we could (for a fee, of course) refinance or modify the terms of bonds, as they would in the real world. :)