For Sale

                                                                                                                                                   or New Sales
1. For Sale: Sling LSA R950 000,00 







View at The Airplane Factory
Contact Dave 083-7033329 or email durbanskyye@gmail.com


Interior of FYA

Mod leather trim and dash
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Aircraft Financing  

Financing of second-hand aircraft is possible through Standard Bank as well as some other financial institutions.

The criteria for financing are as follows: (See Standard Bank website here)

Non-Type Certified Aircraft - ZU registered aircraft:
  • The aircraft must be 5 years old or younger;
  • There must be more than 10 of a aircraft type registered at the SACAA;
  • The aircraft must be assembled by the local distributor that is approved at the Civil Aviation Authority. We will not consider homebuilt kits;
  • 20% deposit is required;
  • VAT can be funded but must be paid back into the agreement in month four of the repayment plan;
  • Maximum repayment period is 60 months
  • No Residual Values;
  • Aircraft are financed on a Micro-light Instalment sale agreement
  • The aircraft must be comprehensively insured for full flight cover for the duration of the finance period.

Information Required on the Aircraft

For valuation purposes and initial application to credit:
Copy of the Aircraft specification sheet, which must include the following:
  • Aircraft Type
  • Year of manufacture
  • Aircraft registration number and serial number
  • Latest airframe hours
  • Engine hours since major overhaul
  • List of additional avionics
  • Damage history
  • For brand new aircraft we merely require a copy of the purchase agreement between the client and the supplier.
  • Copy of the pro-forma invoice
  • If the aircraft will be used to generate income, please provide a copy of the operating contract or utilisation agreement.

Prior to payout:

  • Copy of Certificate of Registration
  • Copy of Certificate of Airworthiness
  • Copy of latest Certificate of Release to Service
  • Copy of aircraft Radio Licence
  • Letter confirming who will conduct the maintenance on the aircraft with the relevant AMO number stated on this letter.
  • Certificate of insurance which must include the following:
    • Standard Bank to be noted as First loss payee
    • Standard Bank to be noted as Additional Insured
    • Breach of Warranty AVN28B/AVN67 B in favour of Standard Bank.
    • Insurance to include LSW555C/D
    • All geographical areas of operation and uses of aircraft must be covered.
  • If Second hand, copy of airframe and engine log books first and last page to confirm the hours on the aircraft specification sheet originally provided as well as the serial numbers.
  • Invoice (made out to the client NOT Standard Bank)

Alternative finance also available throught Aircraft Finance Corporation.

Dave on 083-7033329 or durbanskyye@gmail.com will take you through the finance process for finance on our selected new or second-hand Sling aircraft for sale.

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