The aviation industry is an essential component of global commerce and transportation, but it is also a prime target for money laundering. The ease of international movement, high-value transactions, and the use of complex ownership structures make it a sector vulnerable to financial crime. This white paper examines how illicit actors exploit aviation to launder money, explores key vulnerabilities, and evaluates current regulatory efforts. It further provides strategic recommendations for industry stakeholders, including financial institutions, regulators, airlines, and law enforcement agencies, to fortify anti-money laundering (AML) measures and ensure transparency within the sector.