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Aircraft Mortgage Issues in Indonesia by FERI WIRSAMULIA WIRSAMULIA is a document available to read on EtoBox.

What is Aircraft Mortgage Issues in Indonesia about?

This article discusses the lack of regulation regarding aircraft mortgages in Indonesian law and how this creates issues for airline companies seeking loans. Previously, Indonesian law allowed aircraft to be used as collateral through mortgages, but the current aviation law from 2009 does not mention mortgages. Without this option, airlines struggle to use their aircraft as collateral for loans. This is a problem especially during the COVID-19 pandemic, as many airlines face financial difficulties. The arti

Author

FERI WIRSAMULIA WIRSAMULIA

Language

EN