With the COVID-19 pandemic changing the way we live, shop and work, as of June 1, 2020, the Global Aviation Trading System (“GATS”) aims to bring into the 21st century the way we trade and finance aircraft equipment. GATS is...more
Letters of credit are often issued in aircraft leasing transactions as an alternative to the provision of a cash security deposit and, less frequently, the obligation to pay maintenance reserves in cash. In an airline...more
Aircraft Lender Not Responsible for Customer’s Structuring Strategy -
Most business aircraft purchasers, especially high net worth individuals, rely on advice from their various resources when acquiring such expensive...more
4/30/2018
/ Aircraft Financing ,
Airports ,
Appeals ,
Asset Management ,
Asset Seizure ,
Aviation Industry ,
Borrowers ,
Brazil ,
Collateral Agreements ,
Cross-Border ,
Damages ,
Duty to Mitigate ,
Federal Aviation Administration (FAA) ,
Grandfathering Rules ,
Insolvency ,
Lease Financing ,
Lenders ,
Lessor ,
Payment Terms ,
Tax Evasion ,
Transportation Industry ,
UK ,
Wells Fargo