Glycol said:
"If any FTO needs money as bad as chrisbl's sweeping statement i don't think they would be buying 35 new aircraft."
I was not talking about OBA specifically, but If they are actually buying the aircraft themselves then they will be mortgaged to the person lending the money. I wonder how much equity OBA will actually have in the aircraft.
The Libery website also includes the following financing details:
Flight School Leaseback plans – for Flight Schools and Lessors/Investors
Commercial Flight School Fleet Financing plans
Outright purchase is unlikely - nice bit of spin though