Special Purpose Vehicle
In the context of aviation, a Special Purpose Vehicle (SPV) is a legal entity created by an airline or aviation company for a specific, often financial, purpose. SPVs are typically used to isolate the parent company from financial risk. For instance, an airline might create an SPV to finance the purchase of new aircraft. The SPV would borrow money from lenders, purchase the aircraft, and then lease them back to the airline. This allows the airline to acquire new aircraft without adding the associated debt to its own balance sheet. SPVs are also used in securitization transactions, where they purchase assets from the parent company and issue securities backed by those assets. In aviation, these assets could be aircraft, engines, or even future ticket sales. The use of SPVs in aviation finance is a complex area, involving many legal and regulatory considerations.
Your Previous Searches
Random Picks
- Touchdown Zone: In aviation, the touchdown zone is the portion of the runway where an aircraft first makes contact during landing. It is typically the first 3,000 feet of the runway, measured from the threshold. The touchdown zone is marked with a series o ... Read More >>
- Safety Data: Safety data refers to information related to the safety of an aircraft, its components, or its operations. This data includes accident and incident reports, maintenance records, and safety analysis reports. Safety data is used to identify p ... Read More >>
- Aircraft Seat: An aircraft seat is a chair on an airplane in which passengers are seated during their journey. Aircraft seats are designed to provide comfort and safety to passengers during flight. They are typically made of lightweight materials and are ... Read More >>
Top News
Nico Harrison could really use a Mavericks win in the play-in tournament...
Nico Harrison's bizarre media session somehow made the Luka Doncic trade fallout worse....
News Source: USA Today on 2025-04-16
Stocks tumble after Fed Chair Powell warns of higher inflation from tariffs...
Wall Street tumbled after Fed Chair Jerome Powell warned about the impact of tariffs and Nvidia issued sobering guidance....
News Source: CBS News on 2025-04-16
United Airlines flight sees engine fire after takeoff due to apparent rabbit str...
United Airlines flight sees engine fire after takeoff due to apparent rabbit strikego.com...
News Source: ABC News on 2025-04-16
WATCH: How a 'book brigade' of 300 residents moved 9,100 books to a new storefro...
Michelle Tuplin, owner of Serendipity Books, explains the moment hundreds of residents within a Michigan community formed a human chain to help her store move each of its 9,100 books -- one by one....
News Source: ABC News on 2025-04-16
What smart people are saying about Meta's argument that it's not a social media ...
Top antitrust experts think the FTC will have a tough time winning the trial — but there's still a real chance Meta will sell Instagram and WhatsApp....
News Source: Business Insider on 2025-04-16