FINANCE & INSURANCE
Special Considerations
All aircraft will be financed by a loan agreement and special consideration will be given to the following:
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Aircraft value on the local market, compared with the purchase price
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Aircraft Registration for Public Transport, Private or Experimental (LS1) use
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The utilisation of the aircraft (company travel or charter flights)
Usage outside of South Africa.
Certain aircraft, specifically LS1 category aircraft and/or when the banks exposure is less than R 300 000, can be financed on an Instalment Sale agreement for ZS registered aircraft. |