This article discusses pre-delivery payment—or PDP—financing transactions for aircraft. PDPs are progress payments that a purchaser makes to a manufacturer while new aircraft are being built.
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8/24/2018
/ Aircraft Financing ,
Aviation Industry ,
Bankruptcy Code ,
Chapter 11 ,
Clawbacks ,
Collateral Agreements ,
Lease Financing ,
Lenders ,
Manufacturers ,
Payment Terms ,
Purchase Agreement ,
Special Purpose Entities