Could anybody say what the criteria are for obtaining a loan please?
My airline is over 1yrs old, I have 6 aircraft of two types, average age
of A/C 3.6yrs, Brand image of 40, a Punctuality rate of 94.6 and load
factor of 81.5 plus my airlines worth is -$900K.
Is it just the fact of the airlines worth being negative, but my rating
is CCC, I have missed out on a 737 today by about $10k short in my
cash ( cash is in the black ), but I couldn't get a loan and now the
aircraft has gone and I still have a CCC rating?
an Ideas please???