Purchasing Aircraft

Work in Progress

This page is a work in progress and will be finished soon! If you require assistance don't hesitate to reach out to us on Discord!

Purchasing Outright#

Purchasing an aircraft outright for the full list price is the best value way to own an aircraft but requries sufficient funds in your bank account.

Financing#

Alternatively, aircraft can be financed with a deposit as low as 10%. When financing an aircraft the Total Cost of Ownership (TCO) depends on the deposit paid. For a 10% deposit the amount of borrowing would be 145% of the list price for the aircraft. A 90% deposit would result in a TCO of 105% of the list price.

Finance Limits

For information on how much finance you can borrow, see Company Value & Finance

Repaying Finance#

All jobs performed in the aircraft pay back the finance until it is completely repaid. The amount finance paid back per job is determined based on the value of the job. If the revenue of the job is over £1,000 then a flat 50% deduction is taken from the job to repay the finance, whereas anything under £1,000 is charged relative to the revenue generated (e.g. a revenue of £500 will see a 25% deduction for finance repayments).

Pilot pay is taken from the remaining value after finance repayments, so if a job that paid 20% to its pilots generated a revenue of £2,000, £1,000 would go to repaying the finance and the pilot would receive 20% of the remaining £1,000, so £200.