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Author Topic: What's with my credit rating still being just a "B"?...  (Read 463 times)

L1011fan

  • Former member
What's with my credit rating still being just a "B"?...
« on: June 11, 2013, 09:03:49 PM »
I have close to $60,000,000 in cash, $48,000,000 I can borrow without an asset, which I do have. I own an A318 worth $61,000,000.
I thought I'd be at a double or triple "B" by now. Thoughts? ??? P.S. I have no active loans.
« Last Edit: June 11, 2013, 09:18:11 PM by L1011fan »

Offline Infinity

  • Members
  • Posts: 1564
    • Aviation Awareness
Re: What's with my credit rating still being just a "B"?...
« Reply #1 on: June 11, 2013, 10:38:50 PM »
Airline age?

L1011fan

  • Former member
Re: What's with my credit rating still being just a "B"?...
« Reply #2 on: June 11, 2013, 10:55:14 PM »
Well 567 days, compared to the top 3's 584. Not much of a difference. Maybe it will change when I reach that amount of time? I know this game can be very precise.

L1011fan

  • Former member
Re: What's with my credit rating still being just a "B"?...
« Reply #3 on: June 12, 2013, 10:13:55 AM »
Okay, I have gone past the time where I deserve a BBB credit rating. I have gone past the age the other top 3 carriers had to.
C'mon, nearly $100,000,000 in cash, nearly $50,000,000 available with out using any of my assets which are 2 wholly owned airbuses just delivered, so that's about $130,000,00 in assets and no open loans. When will this change? :-\

Offline Infinity

  • Members
  • Posts: 1564
    • Aviation Awareness
Re: What's with my credit rating still being just a "B"?...
« Reply #4 on: June 12, 2013, 11:00:31 AM »
Credit rating is really unimportant anyhow.

BD

  • Former member
Re: What's with my credit rating still being just a "B"?...
« Reply #5 on: June 12, 2013, 02:42:12 PM »
Great question!

Just a guess...is your profitability at the same level?

Hard to compare as the Stats page only shows quarterly, I believe, while Credit Rating seems to report at least weekly if not real time.

Also, owned assets are reflected in company value, is your CV on par with theirs? (Again, same problem comparing with the Stats page)
« Last Edit: June 12, 2013, 02:44:14 PM by BD »

exchlbg

  • Former member
Re: What's with my credit rating still being just a "B"?...
« Reply #6 on: June 12, 2013, 05:41:53 PM »
Why do you need a BB so badly anyway ? Credit rating takes many things into account, also some parameters of your "performance".
Try to compare all parameters with the leading top 3 to see what also may matter.

L1011fan

  • Former member
Re: What's with my credit rating still being just a "B"?...
« Reply #7 on: June 12, 2013, 10:10:36 PM »
Thank you all. :)

 

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