Commercial Aviation Finance

Dornier 228 / De Havilland Twin Otter Finance UK

Commercial HP, finance lease and operating lease for Dornier 228 / Twin Otter operators in the UK. Whole-of-market access via Doulton Bridging Finance.

About the Dornier 228 / Twin Otter in Commercial Operations

The Dornier 228 and De Havilland Canada DHC-6 Twin Otter are the aircraft of choice for UK island and remote-area operations. These STOL-capable aircraft serve the Scottish islands, Orkney, Shetland and the Isles of Scilly - routes where conventional aircraft cannot operate safely from short, unprepared or coastal strips. The Dornier 228 NG (new generation, built by RUAG) and the Viking Air Twin Otter Series 400 are the current production variants.

Commercial Operations Context

UK operators use these aircraft on PSO (Public Service Obligation) routes subsidised by Scottish and UK Government, commercial island charter services, scenic flight operations, aerial survey, and increasingly for offshore wind farm personnel transfer. The combination of STOL performance, reasonable payload and twin-engine reliability makes them operationally unique.

Finance Overview

Finance Types Available

  • Hire Purchase (HP)
  • Finance Lease
  • Operating Lease
  • Sale and Leaseback

Typical Market Price

£800k–£3m depending on type and age. Values vary significantly by variant, age, total time, maintenance status and avionics fit.

Typical Deposit

30% for established AOC holders with good covenants. New operators or unusual variants may require more.

Finance Term

Up to 7 years. Longer terms available for newer variants with strong residual values.

Worked Example - Dornier 228 / Twin Otter Finance

ParameterExample
Aircraft purchase price£1,200,000
Deposit (30%)£360,000
Finance amount£840,000
Indicative rate6.8% p.a.
Term7 years (84 months)
Indicative monthly payment£12,595 (approx.)

Example is illustrative only. Your rate and terms will depend on operator profile, aircraft condition and lender assessment.

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FAQs

Frequently asked questions

Is the Dornier 228 NG easier to finance than older variants?

Yes. The RUAG-built NG variant with modern avionics and an in-production airframe commands stronger residual values and lender confidence. Older Do.228-100 and 200 variants can still be financed but require more detailed maintenance evidence.

Can I finance a Twin Otter for scenic flight operations?

Yes. Scenic flight operations with an appropriate AOC are a recognised commercial use. The revenue model - typically per-flight public ticketing - is understood by specialist lenders. A business plan with seasonality analysis is important.

Are PSO route revenues considered by lenders?

Yes. Government-backed PSO route contracts are viewed very positively by lenders as they provide near-certain contracted revenue. If your operation includes PSO routes, ensure this is highlighted prominently in your finance application.

What is the maximum finance term for a Dornier 228?

Typically 7 years. Lenders will consider aircraft age at end of term and the Do.228's robust maintenance programme. NG variants may achieve longer terms. Older aircraft may be limited to 5-year facilities.

Can DBF help finance a first commercial aircraft for a new AOC?

We can. New AOC applicants with credible business plans, experienced management teams and evidence of route demand can access finance through specialist lenders. Shawbrook and Paragon are the most accessible for newer operators.

Asset finance for business purposes is not regulated by the FCA. Rates shown are indicative as at October 2026 and depend on credit profile, term, aircraft and deposit. We act as a credit broker, not a lender. Your aircraft may be repossessed if you do not keep up repayments.

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