Hi Guys, last week I got my first aircraft on credit, The Interest has just been taken out for the loan in one big lump of 12million is this correct as it has now sent my airline into the red by a sum of 11mil? seems a bit odd as interest would usually be a hell of a lot less?
Hi Guys, last week I got my first aircraft on credit, The Interest has just been taken out for the loan in one big lump of 12million is this correct as it has now sent my airline into the red by a sum of 11mil? seems a bit odd as interest would usually be a hell of a lot less?
Screenshot attached.
If it’s a 789 bought at an interest rate of 8.2% then everything’s ok.
If not, more info would help answering to your question.