The aims of this study are to find out how is the technical publication of the recording of fiduciary guarantees on airplanes and to fill the legal vacuum for the implementation of aircraft guarantees that are used as credit guarantees in banks. With the idea, banks can remove registration marks and carry out executions by auction, and the auction can be carried out to the world of international aviation, because the registration mark in Indonesia has been removed, so if a foreign party wants to buy an auction item in the form of an aircraft guarantee, it can the registration mark is registered in the country of origin of the purchaser of the aircraft. And here is contained the theory of dignified justice because with the idea that if repayment cannot be made, the bank can easily execute the guarantee guaranteed by the bank and the value of the auction is sufficient to pay off the debt proposed by the airline company for financing credit facilities.
Unravelling the Legal Position of Fiduciary Guarantees Against Aircraft in Indonesia
Advances in Social Science, Education and Humanities res
International Conference on Business Law and Local Wisdom in Tourism ; 2022 ; Bali, Indonesia August 24, 2022 - August 25, 2022
Proceedings of the 3rd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2022) ; Kapitel : 111 ; 950-961
2023-01-25
12 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
New fiduciary rules could reshape aviation market
Online Contents | 2013
|Online Contents | 2007
Online Contents | 2003