Bankruptcy and the collateral channel

E Benmelech, NK Bergman - The Journal of Finance, 2011 - Wiley Online Library
Do bankrupt firms impose negative externalities on their nonbankrupt competitors? We
propose and analyze a collateral channel in which a firm's bankruptcy reduces the collateral …

Financing airlines in the wake of the financial markets crisis

B Bjelicic - Journal of Air Transport Management, 2012 - Elsevier
This article outlines the impact of the 2007 to 2008 financial markets crisis on aviation
finance, with a particular focus on the financing of aircraft. Essentially, the financial markets …

[BOOK][B] Aircraft Valuation

D Yu - 2020 - Springer
The aircraft and aviation finance industry has seen large growth along with the overall
aviation industry since the 1950s. It has developed from US-and European-centric origins to …

Model of legal protection for aircraft property guarantee in Indonesia

PPR Marditia, HS Adiwinata - … Journal of Research in Business and …, 2022 - ssbfnet.com
Airplanes are legal objects of high economic value (high valuable assets) so that airplanes
can be used as assets to guarantee the risk of debt agreements. The regulatory provisions …

Background Concepts and Definitions

D Yu, D Yu - Aircraft Valuation: Airplane Investments as an Asset …, 2020 - Springer
To understand aircraft and aviation valuation and leasing, one must understand the
dynamics between the ecosystem, namely, the owner, financier, and user. The owner can be …