News & Analysis as of

Aircraft

Katten Muchin Rosenman LLP

Structuring and Practice for Aircraft Leases to Prevent Lease Payments From Being Clawed Back in a Lessee Bankruptcy

Key Points - The risk that prepetition lease payments made by a lessee that is a debtor in a US bankruptcy will be clawed back from an aircraft lessor can be reduced if: - the lease is a true lease rather than a...more

Thompson Coburn LLP

U.S., EU, and UK ease trade tensions in Boeing-Airbus dispute and temporarily halt tariffs

Thompson Coburn LLP on

Seeking a “fresh start” in relations under the Biden Administration, the United States and European Union announced on March 5 a four-month mutual suspension of tariffs related to the ongoing Boeing-Airbus trade dispute...more

Cranfill Sumner LLP

Ford Motor Company v. Montana Eighth Judicial District – “Specifically Dealing with Specific Jurisdiction”

Cranfill Sumner LLP on

On March 25, 2021, the U.S. Supreme Court decided the Ford Motor Co. Montana Eighth Jud. Dist. Ct. Ford Motor Co. v. Bandemer cases holding that the due process test for specific jurisdiction does not depend on a strict...more

Nexsen Pruet, PLLC

Drones and Other Aircraft: What Lenders Should Know

Nexsen Pruet, PLLC on

Drones are quickly becoming a staple in agriculture – they are used for crop-dusting, surveying land, monitoring crop growth, among other things. Insurance adjusters are also becoming licensed to use drones to help assess...more

K&L Gates LLP

Hydrogen Rising: Hydrogen Is Truly Rising -- Opportunities for the Aviation Industry

K&L Gates LLP on

Co-hosts Sandra Safro and David Wochner welcome to the podcast Paul Gloyer and Tim Lewis of Gloyer-Taylor Laboratories, or GTL, a Tennessee-based technology company working on game-changing solutions in the energy transition...more

Schnader Harrison Segal & Lewis LLP

Fourth Circuit Allows Baltimore Police Department’s Aircraft-Based Surveillance Program to Continue

In Leaders of a Beautiful Struggle v. Baltimore Police Department, the ACLU and ACLU of Baltimore filed a lawsuit against the Baltimore Police Department challenging the constitutionality of the Baltimore Police Department’s...more

K&L Gates LLP

Conflicting Dispute Resolution Provisions: English Court Stays its own Proceedings in Favour of International Arbitration in...

K&L Gates LLP on

SUMMARY - In Helice Leasing S.A.S. v PT Garuda Indonesia (Persero) TBK [2021] EWHC 99 (Comm), the English Commercial Court has interpreted conflicting dispute resolution provisions and ordered a stay of court proceedings in...more

Robins Kaplan LLP

Financial Daily Dose 3.18.2021 | Top Story: Fed Commits to Near-Zero Rates Despite Improving Economy

Robins Kaplan LLP on

The latest and greatest from Fed Chair Powell as the Fed’s March Open Markets Committee meeting wrapped yesterday, including a markets-pleasing assurance that better-than-expected economic growth wasn’t enough to push the...more

Katten Muchin Rosenman LLP

The Desirability of Registering a New International Interest When Extending the Term of a Lease

Introduction This Aviation Advisory considers the desirability of registering a new international interest at the International Registry corresponding to the extension of the term of a lease of an aircraft, airframe or...more

Dentons

The Impact of the Enactment of Omnibus Law’s Implementing Regulation on Businesses in the Aviation Sector

Dentons on

As mandated by Law No. 11 of 2020 concerning Job Creation (“Job Creation Act”) with the aim of harmonization and simplification of laws and regulations, the Indonesian government has enacted an implementing regulation in the...more

Holland & Knight LLP

Biden Administration Announces Tariff Trifecta

Holland & Knight LLP on

In three actions taken last week, the Biden Administration eased the tariff burden carried by numerous industries, including aviation, food, beverage and travel goods, and previewed the administration's approach to engagement...more

Husch Blackwell LLP

U.S. Agrees to Temporarily Suspend Tariffs On UK And EU Goods In Large Civil Aircraft Dispute

Husch Blackwell LLP on

In a joint statement released by the Office of the United States Trade Representative (“USTR”), the U.S. and European Union (“EU”) have agreed to temporarily suspend the additional tariffs from the Large Civil Aircraft...more

Jones Day

Climate Change Provisions of the EU-UK Trade and Cooperation Agreement

Jones Day on

The Trade and Cooperation Agreement ("TCA"), which was finalized on December 24, 2020, resets the European Union/United Kingdom relationship following the UK's departure from the EU. In place of the UK's participation in the...more

Jones Day

EPA Implements Clean Air Act Authority to Finalize Greenhouse Gas Emission Standards for Aircraft

Jones Day on

On January 11, 2021, the U.S. Environmental Protection Agency ("EPA") issued the first-ever U.S. greenhouse gas ("GHG") emission standards for aircraft (the "Standards"). The Standards align with the United Nations...more

Jones Day

FAA Issues First Major Unmanned Aircraft Rules Since 2016

Jones Day on

The FAA's new regulations provide long-awaited relief for commercial drone users and assurances to the security community. On January 15, 2021, the Federal Aviation Administration ("FAA") issued two significant final...more

White & Case LLP

Aviation finance in Russia and CIS countries - Opportunities in uncertain times

White & Case LLP on

Like the rest of the world, air passenger transport in the Russian Federation and other Commonwealth of Independent States (CIS) countries experienced a serious impact at the start of the COVID-19 pandemic. Yet air traffic...more

Bryan Cave Leighton Paisner

Carbon pricing in the UK/Europe: ETS and CORSIA developments

Operators in the aviation sector and the ‘stationary sectors’ (power generation, energy intensive industries, etc.) should note that the environmental regulatory framework for carbon pricing and emissions trading in the...more

K&L Gates LLP

Brussels Air Transport Brief: December 2020–January 2021

K&L Gates LLP on

AVIATION REGULATORY AND POLICY - Aviation Policy: European Commission Presents its “Sustainable and Smart Mobility Strategy” - The European Commission (Commission) presented its “Sustainable and Smart Mobility Strategy,”...more

Pillsbury Winthrop Shaw Pittman LLP

Preparing for Take-Off: The LIBOR Transition and Aviation Finance

Recent developments mean a delayed departure for LIBOR. The cessation of most U.S. dollar LIBOR tenors has been delayed until June 30, 2023. Aircraft financiers, borrowers and lessors should take advantage of the...more

Robins Kaplan LLP

Financial Daily Dose 2.23.2021 | Top Story: SoftBank Nears Deal With WeWork’s Neumann for $500M Share Purchase

Robins Kaplan LLP on

Ousted eccentric WeWork co-founder and CEO Adam Neumann is reportedly closing in on a deal with SoftBank that would shave about $500 million (roughly half) off the total Masa Son would pay to buy Neumann’s shares. ...more

Holland & Knight LLP

Avoiding Pitfalls When Exporting Aircraft from the United States

Holland & Knight LLP on

There are two common types of aircraft exports: 1) permanent exports – where the aircraft is physically exported (i.e., flown) from the U.S. as part of a sale, lease or transfer of possession and control to a foreign person,...more

Robins Kaplan LLP

Financial Daily Dose 2.22.2021 | Top Story: Boeing Grounds Some 777 Models After Engine Explosion on United Flight

Robins Kaplan LLP on

Boeing needs another aircraft problem like a hole in the head, but that’s just what it got after a right-engine explosion on one of its 777-200 models that had just left Denver en route to Hawaii. ...more

K&L Gates LLP

Commercial Court Rejects Frustration Argument in Aviation Leasing Dispute

K&L Gates LLP on

SUMMARY - The English Commercial Court has emphasized the difficulties airline operators and aviation lessees could face in seeking to rely on the common law doctrine of “frustration” in order to avoid their payment...more

Michael Volkov

Boeing’s 737 MAX Scandal: A Fair Resolution? (Part III of III)

Michael Volkov on

Boeing’s settlement with DOJ raises more questions than answers.  While I understand that a criminal case against Boeing requires DOJ to identify one or more individuals who have committed a crime that can be fairly...more

Michael Volkov

Boeing’s 737 MAX Scandal: A Review of Boeing’s Deception of the FAA (Part II of III)

Michael Volkov on

Boeing’s criminal conduct, as described in the settlement papers, centered on two of its 737 MAX Flight Technical Pilots, who deceived the FAA about an important aircraft part called the Maneuvering Characteristics...more

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