CARES Act includes $61 billion relief package for U.S. airlines, consisting of grants to passenger airlines, loans to passenger airlines, grants to cargo airlines, loans to cargo airlines and aid to airline contractors.
UK...more
The UK Civil Aviation Authority (CAA) has now issued detailed guidance on the irrevocable de-registration and export request authorisation (IDERA) process which is available here. All forms referenced below are also available...more
Following accession to the Cape Town Convention1 by the UK on 27 July 2015, the International Interests in Aircraft Equipment (Cape Town Convention) Regulations 2015 (the “Regulations”) will enter into force on 1 November...more
10/30/2015
/ Aircraft Financing ,
Airlines ,
Bankruptcy Code ,
Borrowers ,
Cape Town Convention ,
Civil Aviation Authority (the CAA) ,
Financial Adviser ,
Insolvency ,
International Registry ,
Investors ,
Jurisdiction ,
Lex Situs ,
Loans ,
Non-Consensual Rights ,
OECD ,
Perfected Security Interest ,
Self-Help Remedies ,
Special Purpose Vehicles ,
UK
Since the financial crisis, the aviation finance market has been through much change with the initial heavy reliance on export credit financing from US Export-Import Bank (Ex Im Bank) and the other export credit agencies...more