Loans
In aviation, loans refer to the financial assistance provided by banks or other financial institutions to airlines or aircraft manufacturers for the purpose of purchasing aircraft or financing other aviation-related projects. These loans are typically secured by the aircraft or other assets of the borrower and may have specific terms and conditions, such as interest rates, repayment schedules, and collateral requirements. Loans are an important source of funding for the aviation industry, as they allow airlines and manufacturers to acquire the necessary capital to expand their operations and invest in new technologies.
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News Source: USA Today on 2024-11-20
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News Source: CBS News on 2024-11-19
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