The Urgency of Establishing Provisions of Laws and Regulations Concerning Aircraft Mortgages

Timothy Arviando Andrade; Iqbal Hafidz

doi:10.31941/pj.v22i3.3643

Authors

Timothy Arviando Andrade Master Program in the Law, Parahyangan Catholic University, Bandung, Indonesia
Iqbal Hafidz Master Program in the Law, Parahyangan Catholic University, Bandung, Indonesia

DOI:

https://doi.org/10.31941/pj.v22i3.3643

Abstract

Until now, it is known that there are no specific regulations that specifically regulate aircraft mortgages. If this situation continues, it will maintain legal uncertainty due to legal vacuum demonstrated by the absence of legal norms that specifically regulate the imposition of aircraft mortgages. This research aims to examine and comprehend the arguments which justify for the urgency of establishing the provisions of laws and regulations on aircraft mortgages. This research approaches the topic from legal perspective, using the normative juridical method. This research will closely examine several relevant the provisions of laws and regulations to identify and analyze the legal issues. Research has shown that the arguments which justify for the urgency of establishing the provisions of laws and regulations on aircraft mortgages is to create legal certainty. Likewise, there are several benefits obtained if legal norms have provided certainty and clarity about the imposition of aircraft mortgages.

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