Originally Posted by
Excargodog
Why not? If interest from the US gov is lower than the interest they were going to have to pay for financing part of that 100 plane order of NEOs, Spirit would be insane to not take the lower rate loans.
The financing rates are certainly very nice. How long is the standard airliner financed for? Because it’s my understanding that the government loan has to paid back in 10 years.
I guess you take out a different loan to cover the portion not repaid at the end of the term?