So exciting in the movies and TV
Financiers have experts monitoring their clients, and the clients suppliers, for early warning signs of problems (asset managers).
99% of re-possessions are amicable, often initiated at the request of the client.
For the 1%, interest / debt forgiveness may be agreed, and / or cash paid, to ensure all documentation, spares, plus the aircraft are handed over complete and undamaged, though it can be staff, rather than management, who are the least co-operative.
That basically leaves country risk, for which there is insurance.
is different, because u have financial issues, plus relationship matters (such as marraige break-ups, family feuds, inheritance), and it's easier to conceal, move, break up and destroy the asset. The same challenges faced re-possessing vehicles.