Yeah, I agree. I also think you should be able to redo a secured loan up to the value of the planes involved (subject to the overall limit), rather than having to pay off the entire loan then take out a new one. If an airline has 150 million in assets securing what was a $150 million loan, but is now paid down to $50 million, and they're desperate for cash, they should have access to that other $100 million to use as security for a new loan. Which isn't possible right now unless they have $53 million cash on hand, and are willing to pay the ~3 million in fees.