Godly Tycoon: From a Family Business on the Brink of Bankruptcy!
Chapter 619

WPG's President An Loses a New Opportunity! Class and Default Rules? Koria's Brewing Calamity?

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2mo ago•

Five Watches was unlike the vast majority of pharmaceutical companies.

Five Watches held an exceptionally strong position in the business ecosystem and required all distributors to pay before taking delivery, preventing its payments from being tied up in accounts receivable.

Five Watches was certainly not short of cash!

In fact, given Five Watches' current situation, even if it lacked funds on its books, banks would still be willing to offer it ultra-low-interest loans.

After all, Five Watches was an absolutely premium client, with virtually no risk of bad debts or uncollectible accounts.

"Are there no suitable G600 or G650 models?" An Wuyang asked.

"No," Musk replied.

"After all, buyers who can afford private business jets would not easily replace their aircraft unless something unexpected happened or the jet had reached a certain point in its service life," Musk explained.

"For example, if you bought a G650ER, would you normally sell it after using it for just one year?" Musk countered.

An Wuyang understood. He wouldn't either!

Not to mention that buying a brand-new G650ER meant waiting in line for two or three years, why would anyone sell a new aircraft after only one year of use?

Even if they bought a newer, higher-end aircraft, they still would not want to sell it.

After all, they could simply sign a buyback agreement with Gulfstream!

"I checked. The youngest G600 available is already over four years old and has logged more than two thousand flight hours," Musk said.

"There are two limits on a business jet's service life: its designed service years and its flight-hour lifespan," Musk explained to An Wuyang.

He guessed that An Wuyang probably did not know about this.

"Take the Gulfstream G550 as an example. Its designed service life can theoretically reach twenty-five years, but it must undergo

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