Originally Posted by
terks43
Nah they just can’t get an interest rate that they like. From what he said the rates are 5-6 times higher then what they were pre-Covid. Can they get the financing right now if they really needed to? Yes. Do they want to with current rates? No.
He also said the government money had a GREAT very low interest rate. So why not use it for the Ejets?
My guess is capital expenditure is restricted for the CARES loan money.