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Author Topic: Big loans with securities  (Read 532 times)

Intertint

  • Former member
Big loans with securities
« on: August 31, 2011, 07:03:25 PM »
Hi guys,

I've read somewhere that a good way to set up an airline is to get loans,
lease aircraft, get a bigger loan and lease even more aircraft etc. etc.

Though, the big amounts are not avaible without securities. My question is;
can I just buy a plane for like 1.8M and from there on, loan the max amount
possible and get more 737's?

Tom

Offline swiftus27

  • Members
  • Posts: 4395
Re: Big loans with securities
« Reply #1 on: August 31, 2011, 07:17:11 PM »
Hi guys,

I've read somewhere that a good way to set up an airline is to get loans,
lease aircraft, get a bigger loan and lease even more aircraft etc. etc.

Though, the big amounts are not avaible without securities. My question is;
can I just buy a plane for like 1.8M and from there on, loan the max amount
possible and get more 737's?

Tom

This MASSIVE loophole/exploit was fixed thankfully.... and boy did I get flamed for reporting it.

Intertint

  • Former member
Re: Big loans with securities
« Reply #2 on: August 31, 2011, 07:34:00 PM »
So it isn't possible anymore? Maybe better though...

 

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