2.12.23 Aircraft

This topic provides the information on Aircraft.

The system allows to add collaterals of type Aircraft in GCDCOLLA screen while creating customer collaterals.

Note:

You can add any number of aircraft as collateral. While creating a collateral record, at least one aircraft must be available as child collateral.

If multiple aircrafts are added as collaterals, the collateral value is the sum of all the added child collaterals value.

In case, the aircraft currency is different from the collateral currency, the system converts the aircraft value to collateral currency with the configured exchange rate.

Note:

The Collateral Value derived from the linked child collaterals cannot be changed manually.
End date of the collateral is derived based on the farthest end date of the linked child collaterals.

Note:

Collateral end date derived from the linked child collaterals can be changed manually, but it cannot be less than the derived date.
  1. On the Home screen, specify GCDCOLLA in the text box and click the Next icon.
    The Aircraft screen is displayed.
  2. On Aircraft screen , click the Aircraft Details tab.

    Note:

    Aircraft Details screen varies based on the selected Collateral Category.