UK Air Operator Certificate holders face unique financing challenges. Unlike private or business aviation, commercial operators must satisfy lenders not just on the asset but on the entire regulatory, operational and financial framework within which the aircraft will operate. Lenders require sight of your AOC, operations specifications, maintenance approvals, safety management system documentation and - critically - your financial track record as a commercial operator.
Fleet financing for AOC holders is more complex than single-aircraft transactions. Multi-aircraft facilities need to account for the different aircraft types, ages and values within a fleet, the phased delivery of new or replacement aircraft, and the ongoing capital requirements of a growing commercial operation. DBF has experience structuring fleet facilities that provide the flexibility AOC holders need while satisfying lenders' requirements for security and documentation.
UK CAA Part-135 operators (non-scheduled commercial air transport) and Part-121 operators (scheduled air transport) have different regulatory profiles and this affects how lenders assess them. Part-121 operators with scheduled traffic rights and IATA membership typically command the most competitive rates. Part-135 operators - charter, cargo, medevac, air taxi - have more diverse revenue profiles which require careful presentation to lenders.
The key to successful fleet finance for AOC holders is presenting the full picture compellingly: not just the aircraft values and deposit, but the revenue model, contract coverage, management team experience, safety record, and growth trajectory. DBF prepares detailed information memoranda for commercial fleet finance cases to ensure lenders have everything they need to make a positive credit decision quickly.
Key Lenders for This Segment
| Lender | Rate from | Strengths |
|---|---|---|
| Investec | 5.8% p.a. | Specialist aviation, large tickets, strong covenants |
| HSBC | 6.0% p.a. | Global capability, complex structures |
| Close Brothers | 6.1% p.a. | Proven commercial desk, accessible |
| Paragon | 6.9% p.a. | Flexible on complex or unusual structures |
| Shawbrook | 7.2% p.a. | Accessible for newer operators |