We provide services in many categories, from aircraft financing and collateral to repossess aircraft. According to the Article 65 of the Turkish Civil Aviation Law, pledging (mortgage) contracts of the mortgaged aircraft, the registration of pledge rights in the aircraft registry and the value of the pledge issue is a legal process.
Our lawyers specialized in their field are the professional team following the whole legal process related to the mortgage.
In order for the repossess plane and the plane to be allocated as a mortgage, it is necessary to make a pledge agreement and register the right to the plane. Subsequently, the creditors can claim their claims on the aircraft. Our law firm, which provides qualified solutions to its clients in processes related to aircraft, has full knowledge of all processes related to aviation law.
Mortgage of Aircrafts
Not all aircraft are registered in the aircraft registry. In such cases, the procedures should be applied according to the procedure of taking movable properties as pledge. For this, it is necessary to make a pledge agreement between the parties. Aircraft mortgage can be made for aircraft registered in the registry. The right to repossess aircraft mortgage is a right granted to the persons who, according to the law, made the construction and repair of the vehicle. Our law firm, which provides services in placing and removing mortgages on air vehicles in accordance with the legislation, allocates all the information you need about aviation law with consultancy service and all processes that are subject to lawsuit.
Subject of Aircraft Mortgage
Chattel mortgage liens nature of aircraft in contractual according to the type of mortgage as well as foreign currency basis, and the upper limit may be said of receivables arising from mortgage bonds registered or pregnant writing. According to the relevant law, a vehicle must have the ability to take off in order to be considered an aircraft. For this reason, not only airplanes, but also other vehicles with airing feature are included in the aviation law. Those covered by these instruments are subject to the provisions of securities unless otherwise provided. It is obligatory to deliver the aircraft to the hostage area under the provisions of the Civil Code. You can get favorable results regarding aviation lawsuits by taking advantage of our consultancy and advocacy services at our law office, which provides services on issues such as taking hostages, mortgage related transactions and removal of mortgages.