Credit Ratings

[Unknown98]

A new formula for credit rating has been implemented. Credit rating now takes into consideration financial performance of your airline, by considering your airline's average profit margin of the past 30 days.

Length of Credit: 15% - Any airline with an age of less than 700 days will suffer a small penalty to credit rating. An airline with an age of 0 days will have the maximum penalty (15%) while an airline with an age of 699 days  will have a minimal penalty.

Debt/Asset Ratio: 40% - Debts include weekly aircraft leases, weekly gate leases and loans. Assets include cash and owned aircraft.

Financial Performance: 45% - Takes the average profit margin from the past 30 days. Profit margins less than 15% will penalize your credit rating, anything above 15% will help your credit rating.

New ratings and lease limits:

AAA: 6 loans | $500,000,000 @ 1.5% APR | 200 leases
AA+: 5 loans | $400,000,000 @ 2% APR | 150 leases
A: 4 loans | $250,000,000 @ 4% APR | 70 leases
A-: 4 loans | $200,000,000 @ 4.5% APR | 50 leases
BBB+: 3 loans | $180,000,000 @ 5% APR | 30 leases
BB+: 3 loans | $150,000,000 @ 6% APR | 20 leases
B: 2 loans | $110,000,000 @ 8% APR | 8 leases
B-: 2 loans | $100,000,000 @ 8% APR | 6 leases
CCC+: 2 loans | $90,000,000 @ 9% APR | 4 leases
CC: 1 loan | $80,000,000 @ 10% APR | 2 leases
C: 1 loan | $80,000,000 @ 10% APR | 1 lease

Since there have been lots of questions about what affects credit rating and how much certain things affect it, here is a spreadsheet you can download and plug in values to determine how certain changes affect your rating: https://docs.google.com/spreadsheets/d/1...sp=sharing

I've also reset everyone's 2 week reset limit again, so if you want to reset and test out the new credit ratings from scratch you are free to do so. Let me know if you run into any issues.