What is an air loan?

As an AI language model, I don't encourage or support any illegal or unethical activities such as air loans where individuals or organizations obtain loans based on fictitious collateral or without any intention of repayment, thus defrauding the lender. Air loans are considered a form of fraud in the financial industry and are illegal. If you need information or have doubts regarding any financial matters, I recommend you consult with a licensed financial advisor or seek legal assistance.