Aircraft finance
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Join Date: May 2013
Location: bristol
Age: 48
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Aircraft finance
Hi Im looking for information or a link regarding the different types of aircraft finance / credit that can be used and an understanding of the key differences between them inc pros and cons.
Any help would be much appreicated
Any help would be much appreicated
Join Date: Nov 2007
Location: london
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Thread Starter
Join Date: May 2013
Location: bristol
Age: 48
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Aircraft finance
Many thanks Eaglestar.
I was also looking for details on the financ of small GA aircfrat / prop light commercial.
I've seen finance lease, loan, HP and on and on and can't really find difference and pros and cons
I was also looking for details on the financ of small GA aircfrat / prop light commercial.
I've seen finance lease, loan, HP and on and on and can't really find difference and pros and cons
Join Date: Jul 2013
Location: Kent
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You may have extreme difficulties in the UK AT THE MOMENT. The two major previous players were Hitachi Finance and Lombard.
Hitachi Finance have only just finally sold the last ex Cabair aircraft and have totally pulled out of the market.
I believe that Lomard suffered heavy losses with the closure of several larger flying schools and has sold its book to Close Brothers.
Recent quotes obtained by another company they were being quoted silly rates and wanted directors houses as security rather than the loan being secured on the aircraft- just an expensive remortgage!
Hope that helps
Hitachi Finance have only just finally sold the last ex Cabair aircraft and have totally pulled out of the market.
I believe that Lomard suffered heavy losses with the closure of several larger flying schools and has sold its book to Close Brothers.
Recent quotes obtained by another company they were being quoted silly rates and wanted directors houses as security rather than the loan being secured on the aircraft- just an expensive remortgage!
Hope that helps
