Hi,
So... what happens if you make an order you (may) be able not to pay... ????
Imagine you just ordered a 500M 737 fleet (7) and you set the purchase to be 50/50... and suddenly you understand you will have to pay 250M in just 8-10 months and you may don't have the money (i will have around 100M by then)...
what happens? i may be able to pay 3 or 4 planes....
Bit of a mistake but the solution is to start selling the first 1-4 planes asap. Hopefully the sale will happen quickly and you will have cash for the remaining planes.
Dan
Your bank account will go negative. When you have a negative bank account, things don't get paid, especially maintenance on your fleet, which causes fines and grounding that will push you into a spiral of death and ultimately bankrupt you.
Two solutions - sell the planes asap (before bad things happen) or use them as collateral on a secured loan (assuming credit is available)
Thanks, i did the DanPavlovix option but things did not go well..