Rebirth 1991: My Financial Era
Chapter 13 Aircraft Financial Leasing
The working class has power. With funds in hand, workers quickly come over to load the truck, starting with the drawings of course.
It wasn't until the evening that the drawings were completed, and three full trucks were loaded. Alexey took advantage of the darkness and drove the convoy into Sheremetyevo Airport.
Sun Chen called Mou Zhongzhong in the afternoon and asked him to find Ivanov to confirm the first Tu-154M to fly back.
Until late at night, all the drawings were loaded into the aircraft.
Shadow looked at these drawings excitedly. The drawings and samples he had gone through so much trouble to send back were measured in kilograms. Unexpectedly, the ones Sun Chen got back were measured in tons.
Now that he has the drawings, he still cares whether he has a production line? ! With the incredible reverse development capabilities of a certain rabbit, isn’t it possible to improve the design and production line by hand? !
The shadow is on the plane. Sun Chen asked him to apply for domestic routes as soon as possible.
A day later, Sergey sent someone to deliver the final approved agreement.
Mou Zhongzhong also took action and used the remaining US dollars to pay the airport to repair and refuel the Tu-154M.
Flying back without a route risks being shot down, and without maintenance there is a risk of crashing.
There were too many things to pack, so I had to fly to Urumqi first.
This negotiation greatly exceeded Mou Zhongzhong's expectations and made twice as much money as in history.
Historically, it was 1992 when Mou Zhongzhong negotiated, and the situation had stabilized. Ye Liqing's privatization wave was carried out vigorously and had received support from the West. Now is the chaotic moment of family separation, allowing Sun Chen to succeed in speculation.
Sun Chen couldn't wait to fly away. Something big was going to happen in August. Moreover, with the long nights and many dreams, who knows when the KGB will react.
After refueling, it was already dark, and Sun Chen insisted on taking off now, so Mou Zhongzhi had no choice but to pay more and ask Jiangsu Airlines to assign pilots and crew to work overtime to take off.
Before boarding the plane, Sun Chen specially greeted the pilot. He felt confident to board the plane after there was no smell of alcohol. An old pilot, no matter how much he drinks, he still dares to fly into the sky.
Due to the time difference, it was already ten o'clock the next morning when I flew to Urumqi, and it was just dawn in Urumqi.
As soon as the plane taxied onto the tarmac, several military vehicles roared over and surrounded the plane.
A group of people drove the pilot and crew, as well as Sun Chen and Mou Zhongzhi's team, off the plane. After simple maintenance and refueling, the aircraft roared away.
Teacher Ma, Sun Chen and Mou Zhongzhi's team went to the airport guest house to rest. I am not in charge of my own plane when it comes back. Is this a problem? ! Well, I have to endure it.
The pilot and crew of Lao Maozi were accompanied by the airport to eat and drink, and then transferred back.
Sun Chen and Mou flew to Urumqi and Shu capital in the afternoon. Teacher Ma's mission was completed, Mou Zhongzhong bought him a ticket to fly to Hangzhou and gave him a thick envelope containing labor fees.
When they arrived at their home territory, Mou Zhongzhi treated Sun Chen to a feast and tasted all the famous dishes in Sichuan. Victory is at hand.
"Brother Mou, thank you for your hard work and make an appointment with Sichuan Airlines tomorrow. Let's discuss the financing plan with them."
"No problem, don't worry." Mou Zhongzhi said, patting his chest.
"You've eaten too much, let's go back for a walk." Sun Chen rubbed his belly, stood up and walked out. After returning home, I finally don’t have to worry about security and can relax.
The current Shu capital is not yet the national fashionable new city, it is still quite backward, but there are so many beauties that it can't stand it. There are so many fair-skinned and beautiful young ladies, Sun Chen is happy to see them.
The next day, Sichuan Hangda conference room.
When Su Yue saw everyone had arrived, he said, "Mr. Ding, Boss Mou and his team are here. Will the meeting begin?"
Ding Xingguo, general manager of Sichuan Airlines, was also very happy to see Mou Zhongzhong and said: "Boss Mou, we meet again, shall we start?"
Mou Zhongzhi said: "Thank you, Mr. Ding."
"Okay, welcome everyone, and thank you for your cooperation with Sichuan Airlines." After some greetings, Manager Ding said, "Boss Mou, according to the previous agreement, the aircraft will be paid in installments after the transfer is completed. There is no objection."
"Mr. Ding, we have no objection, but there is a better solution. Let Sun Chen introduce it to you." Mou Zhongzhi said.
"Hello, Mr. Ding, let me tell you about the financing plan." Sun Chen said.
"Well, please speak." Ding Xingguo was a little confused.
"That's right. When we purchase an aircraft, a financing plan is applicable, called financial leasing."
"Financial leasing?" Ding Xingguo couldn't help but say. He had never heard of this model. In fact, no one else had heard of it.
"Yes, financial leasing, to put it simply, I lease the aircraft to you, and you pay the rent quarterly. After the lease expires, the property rights of the aircraft are given to you. Before the rent is paid, the property rights are still mine. These are two Square model." Sun Chen talked eloquently.
Financial leasing is a financing business that is more suitable for large fixed assets. Financial leasing companies affiliated to banks are also called financial leasing.
"Brother Sun, if Sichuan Airlines pays rent every year, it will be slow for us to get the money back." Mou Zhongzhi was a little worried.
"Mr. Ding and Brother Mou, what we just talked about is a two-party model. Then, we can add the bank to it to make it a three-party model."
Sun Chen continued: "We signed an agreement among the three parties. The bank will give me the money in one lump sum. The property rights of the aircraft will belong to the bank. Sichuan Airlines will pay the rent and interest to the bank. When the aircraft expires, the property rights of the aircraft will belong to Sichuan Airlines. Do you think this is good or not?"
"Good! Manager Sun's plan is good. Before we borrowed money from banks, they always said there was no collateral. I think this method is good." Ding Xingguo couldn't help but applaud.
Another reason Ding Xingguo didn't mention was that his previous transactions with Mou Zhongzhi's company made him somewhat worried about compliance issues. Now when dealing with a bank, there will be no suspicion of being under the same roof. So he felt more relieved and immediately made the decision to push forward the matter.
"Yes, this way our funds will be withdrawn." Mou Zhongzhi was also very satisfied.
"In this case, can we invite the bank to come in and talk together?" Sun Chen suggested.
"Okay, Manager Xiao Su, go and ask President Mo of the Bank of China." Ding Xingguo was very excited. Now that the plane is coming, he has plans for financing.
"Okay." Su Yue went out to make a call.
"Mr. Ding, based on your company's situation, how much money can you use to pay rent every year?" Sun Chen continued to ask.
"If four aircraft are put into operation, we can use 3000 million yuan to pay rent every year." Ding Xingguo replied.
"Okay, then our lease period may be relatively long, temporarily set at 20 years. When your company has sufficient funds, you can repay it in advance." Sun Chen gave the final plan.
"Boss Sun is really young and promising! I admire him! I admire him!" Ding Xingguo said with emotion.
While discussing the delivery details, President Mo of the Bank of China came.
"My dear, Mo Xiaofeng, it's a pleasure to meet you." Mo Xiaofeng was wearing glasses and spoke politely.
"President Mo, come on, come on, this is Manager Sun Chen. The financial leasing plan he proposed is very advanced."
Sun Chen repeated the plan, and President Zhu kept nodding his head and secretly admiring him.
"Manager Ding, Manager Sun's plan is already very complete. I have no objection. Just submit it to the branch for approval."
"President Mo, if we bring BOC Hong Kong City into the syndicate, do you have any ideas?"
"Boss Sun, it is theoretically possible, but we need to report it to the head office for review."
"Okay! It's a deal!" The two hands clasped together.
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