20 May 2020
Aircraft Repossession in Indonesia amid Economic Fallout from COVID-19
The aviation industry has been one of the hardest-hit during the COVID-19 crisis, and Indonesia is no exception. Indonesian airlines report a steep decline in the number of travelers, and some are looking at restructuring, such as through the issuance of restructuring bonds. Aircraft owners, lessors and security trustees are now weighing the risks. Desperate times require desperate measures, including…