FINANCE & INSURANCE
All aircraft will be financed by a loan agreement and special consideration will be given to the following:
Aircraft value on the local market, compared with the purchase price
Aircraft Registration for Public Transport, Private or Experimental (LS1) use
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.