News & Analysis as of

Airlines Commercial Leases

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

Katten Muchin Rosenman LLP

Protecting a Lessor Against the Recharacterization in Bankruptcy of a Full Payout Aircraft Lease as a Disguised Security Agreement

Often an aircraft financer will structure a secured aircraft loan as a full payout lease in order to facilitate the exercise of remedies in the case of a default by the borrower airline. Specifying that the lease is governed...more

BCLP

Airline Industry - Preparing for the Band-Aid Coming Off

BCLP on

Covid-19 hit the aviation industry at speed with its immediate and almost global impact requiring urgent responses from airlines, lessors, financiers and industry suppliers to apply emergency measures to, in some cases,...more

BCLP

Temporary aircraft cargo conversion – what legal and regulatory issues should airlines and lessors be considering?

BCLP on

The global pandemic caused by Covid-19 is a severe and unprecedented challenge for the aviation industry. As widespread travel restrictions have been implemented, global demand for passenger air travel has plummeted....more

BCLP

Aircraft leasing in the context of COVID-19 – Practical considerations on compromise, relationships and mitigation

BCLP on

Dear Aircraft Lessor Re: COVID 19: Aircraft Lease Agreements relating to Relevant Aircraft - I am writing to inform you that our business has been materially and adversely affected by the COVID 19 pandemic....more

Vedder Price

Comerica Leasing Corporation v Bombardier Inc.

Vedder Price on

History of Residual Value Guarantees - In the late 1990s and early 2000s, manufacturers like Bombardier and Embraer increasingly began offering residual value guarantees (RVGs) to airlines and investors, typically...more

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