Since its enactment, aviation related companies have received well over $50 billion in grants and loans under the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) that was passed in March 2020. But how do...more
The Federal Aviation Administration (“FAA”) is proposing to extend its slot utilization waiver at John F. Kennedy International Airport (“JFK”), LaGuardia (“LGA”) and Ronald Reagan Washington National (“DCA”) through March...more
In recent years, several major US airlines have entered into loan facilities secured solely by certain of its slots, gates and routes (“SGR”). This alert provides (i) a brief overview of SGR, (ii) how SGR collateral may be...more
8/5/2020
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Delta Airlines ,
Department of Justice (DOJ) ,
Department of Transportation (DOT) ,
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Lenders ,
Uniform Commercial Code (UCC) ,
United Airlines