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Author Topic: The best way to use loans is?....  (Read 536 times)

L1011fan

  • Former member
The best way to use loans is?....
« on: January 01, 2012, 08:21:58 PM »
I have a pretty good size airline. I have 17,000,000 in cash, 48,000,000 available for an unsecured loan, and 44,000,000 available for my 737-400 as an asset. I have several more aircraft on order of which about 1/3 of them are direct purchase rather than leases.
A. Should I just leave it all alone and let deliveries progress? Save it all for a rainy day?
B. Go on a little spree and buy some more planes on direct purchase which I could do easily.
C. Borrow a bunch of money and open a 2nd hub, for which I really have no aircraft to move to. The aircraft I have are totally entrenched in operations at HQ. I would have to lease aircraft just for the sake leasing aircraft and the probabilities of finding commonality on the used market is low. I don't need 747's and I'm trying to ditch the couple of 707's I have as soon as the next 2 aircraft are delivered.
So....what would you do? Appreciate all suggestions! :-\
P.S. Also going thru alot of c checks at the moment. What impact that may have, I don't know.
« Last Edit: January 01, 2012, 08:27:25 PM by L1011fan »

Offline lunchbox

  • Members
  • Posts: 459
Re: The best way to use loans is?....
« Reply #1 on: January 01, 2012, 08:31:06 PM »
"If I only had those kind of numbers" lol 8)

In my opinion, hold on to what you got.

If you want to open a second base, save your money and wait for your pending deliveries to arrive, and then open your new base.

L1011fan

  • Former member
Re: The best way to use loans is?....
« Reply #2 on: January 01, 2012, 08:52:13 PM »
Makes good sense to me. Thank you, lunchbox!

Offline lunchbox

  • Members
  • Posts: 459
Re: The best way to use loans is?....
« Reply #3 on: January 02, 2012, 12:32:02 AM »
No problem my friend 8)

Good luck in Puerto Rico

Offline Maarten Otto

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  • Posts: 1276
    • My photo site
Re: The best way to use loans is?....
« Reply #4 on: January 02, 2012, 03:41:47 PM »
I would invest. Get the loan, order some planes, dump them on the market at prices that reflect current market conditions.

 

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