Small aircraft financing in Europe?
Thread Starter
Join Date: Dec 2005
Location: LKBU
Posts: 435
Likes: 0
Received 0 Likes
on
0 Posts
Small aircraft financing in Europe?
Does anyone know of any financial institutions in EC offering low-end aircraft loans? That is, for a pre-owned piston single, not for a new corporate jet...
Join Date: Sep 2003
Location: NW England
Posts: 187
Likes: 0
Received 0 Likes
on
0 Posts
This is a great point I think because second had single engined pistons would make for great balloon lease finance objects.
They don't depreciate to the same degree (% wise) as cars as long as they are maintained therefore the residual should be much safer than in the automotive world.
As usual it just needs someone to bite the bullet and do it
They don't depreciate to the same degree (% wise) as cars as long as they are maintained therefore the residual should be much safer than in the automotive world.
As usual it just needs someone to bite the bullet and do it
Join Date: Apr 2004
Location: UK
Posts: 102
Likes: 0
Received 0 Likes
on
0 Posts
Tonyhalsall
Could not agree with you more....
Have been involved in the automotive leasing sector for too many years and as a ppl cannot understand why the concept of ballon leasing or better still Contract Hire has not migrated into aviation.
With such low depreciation aircraft are a safe bet and the day somebody starts this is the day private aviation snow balls in the UK.
Anybody fancy a little flutter?
Have been involved in the automotive leasing sector for too many years and as a ppl cannot understand why the concept of ballon leasing or better still Contract Hire has not migrated into aviation.
With such low depreciation aircraft are a safe bet and the day somebody starts this is the day private aviation snow balls in the UK.
Anybody fancy a little flutter?
Join Date: Sep 2003
Location: NW England
Posts: 187
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by d192049d
Anybody fancy a little flutter?
I'd love to have a go at this - I mooted the idea a couple of years ago when I clocked the minimal depreciation of the 4 stroke 3 axis microlights but that idea fell a bit flat because the leasing Company would own the 'fleet' and at that time microlights could not be rented from a third party.
There is mileage in this but I am not that well connected in the world of leasing - I would definately invest a few quid in marketing a lease product if one could be packaged.
Thread Starter
Join Date: Dec 2005
Location: LKBU
Posts: 435
Likes: 0
Received 0 Likes
on
0 Posts
Well, in this case we just need to write a well-structured document showing by verifiable examples that small aircraft are a good risk for a leasing company. With this in hand, it will be possible to approach many different institutions and plead the case. Sooner or later we'll have a precedent established.
Join Date: Dec 2004
Location: uk
Posts: 151
Likes: 0
Received 0 Likes
on
0 Posts
Interesting
But is the market big enough to justify this ?
I presume this is why the big boys aren't in on it already.
Can't think why else off hand.
I'm supposed to be starting as a solicitor soon, hopefully specialising in aviation finance, so I'll keep my eyes peeled for Pprune Finance plc on the horizon !
But is the market big enough to justify this ?
I presume this is why the big boys aren't in on it already.
Can't think why else off hand.
I'm supposed to be starting as a solicitor soon, hopefully specialising in aviation finance, so I'll keep my eyes peeled for Pprune Finance plc on the horizon !
