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Various objects can be repossessed, including boats and aircraft, but most repossession agencies focus on car repossession. The repo agent normally uses a tow truck or pickup truck with a special towing attachment called a boom. They also may obtain the key from the car owner. Usually, the vehicle owner must be notified of a repossession.
Airplane Repo is an American documentary-style fiction show following repossession agents hired by financial institutions to recover aircraft and occasionally other high-value assets from owners who have fallen behind on their payments.
On February 21, 2008, the company was repossessed by its former owner, Taylorcraft 2000 LLC. The previous owners had taken orders for new struts for existing aircraft to alleviate a repetitive inspection Airworthiness Directive and is delivering struts to customers. The design's type certificates, drawings, jigs, templates and parts have been ...
Ads proclaiming "Government Vehicle Disposal" and "The Repo Joe Sale" are designed to steer buyers to special used car sales events under the pretense they're getting a special deal.
Aircraft finance refers to financing for the purchase and operation of aircraft. Complex aircraft finance (such as those schemes employed by airlines ) shares many characteristics with maritime finance , and to a lesser extent with project finance .
A Trump Shuttle Boeing 727-100 in 1989. Trump Shuttle, Inc. was an airline owned by Donald Trump from 1989 to 1992. The landing rights and some of the physical assets necessary to operate the shuttle flights were originally part of Eastern Air Lines and known as the Eastern Air Lines Shuttle.
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