I accidentally bought a plane on credit. Since I have enough cash, I want to pay it off in full, but I can't find out how to do it. Could someone please help me. Thanks.
Go to Corporate Finance, then select Debt, to see all your loans.
I accidentally bought a plane on credit but I can't afford it. Is there anything I can do? Seems like I am stuck paying the huge costs of it
You can sell it, and just wish somebody would buy it.
If your airline has just started the best thing might be to just reset. That depends though how developed is your airline already, though.
While the aircraft is listed on the used market, you’re still responsible for loan and interest payments, while the aircraft can not be scheduled. It will remain on the market until someone decides to buy it, so you could be paying for a long time without being able to use that frame to recoup some of your costs.