In fact, Andy exaggerated this point a little. It is not possible to sell it for $110,000, but it is absolutely possible to sell it for $80,000 or $90,000. Even if Hardy sells it directly now, he can still make more than 2 million US dollars.
Think about how easy it is to make this money. Without extremely strong social connections, who would let you make this money?
Andy glanced at all the bank managers and said, "HD Airlines is going to use this batch of aircraft as collateral to borrow 5 million US dollars from the bank. The loan period is 5 years. We hope that the loan interest rate will be reduced by 1 percentage point from the normal loan interest rate."
As soon as Andy said this, the managers immediately murmured.
"Using this batch of aircraft to mortgage $5 million is too high. 3 million is about right."
"The current loan interest rate is 4.25%. Reducing it by 1 percentage point is too much. The bank will not make any money at all."
