ok, i have read previously about people buying aircraft to borrow out against a larger loan to then buy another aircraft to borrow out against an even bigger loan, etc, etc...
My question is, is this process worth it and how exactly does it work?
Right now i have 26mil available to me in unsecure loans with 150mil available in secure loans. How much aircraft value is needed for that 150mil? I want to order some C series aircraft, but i dont have the money to make the order size i want and there is nobody in my alliance that has any on order as far as im aware. So im looking into getting loans for them or trying to find someone else to lease them from reasonably.
Now i was thinking about loaning 21mil unsecured for a 2yr loan and purchasing one of my leased Q400's or one off the market and then borrowing against it to get the money for my C300's. However, i dont want to ruin my airline by doing this. I also dont know how much that Q400 will get me with secured loans so i dont want to do it if its not even going to be enough anyways.
any info on this?
PS if you have C300's on order and are willing to lease them out, let me know please.