Originally Posted by
MickG0105
There is something decidedly odd going on there, let's just put it that way.
There is nothing odd. To start with, stop mixing up Australian and US dollars. AUD 30m is just USD 20m. Second, Saab340B/B+ in serviceable condition depending of the engine status is valued in between 1,2 to 2,0m USD. Thirdly it is not that much Saab airplanes valued as collateral but rather a chance to loan to someone with a strong record (save for covid).