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Rating:Aircraft finance refers to financing for the purchase and operation of aircraft. Complex aircraft finance shares many characteristics with maritime finance, and to a lesser extent with project finance. Financing for the purchase of private aircraft is similar to a mortgage or automobile loan.
read moreAn equipment trust certificate is a financial security used in aircraft finance, most commonly to take advantage of tax benefits in North America. In a typical ETC transaction, a "trust certificate" is sold to investors in order to finance the purchase of an aircraft by a trust managed on the investors' behalf.
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