With the stock market in record territory, the economy still hesitant and fuel prices lower than in convenient memory, we decided to take a look at the state of the aircraft finance world. The Federal Reserve has kept the interest rates at historic lows—has that been reflected in available loan rates for aircraft purchases? Is this a good time to finance an airplane?
The short answer is yes—if you have a credit rating of at least 700, you should be able to qualify for a 20-year, fixed-rate aircraft loan at an annual rate in the sub five percent range. We think that’s very attractive.