News & Analysis as of

Aviation Industry Coronavirus/COVID-19

Vinson & Elkins LLP

It’s a Great Time to Own Aircraft, Just Not an Easy Time to Buy Them

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Global air travel traffic (measured in revenue per kilometers (RPKs)) begins 2024 in line with pre-COVID highs. Certain markets, such as US domestic and intra-European have already surpassed pre-COVID levels and despite some...more

Cozen O'Connor

FAA Declines to Extend COVID-19 Relief at U.S. Slot-Controlled and IATA Level 2 U.S. Airports

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On October 26, 2022, the Federal Aviation Administration (FAA) announced that it would not extend its COVID-19 related relief policy for U.S. slot-controlled and FAA-designated International Air Transport Association (IATA)...more

Vinson & Elkins LLP

Carbon Taxes in the Shipping Industry—Assessing Japan’s Proposal

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There are growing calls for a carbon tax on shipping emissions. Jim Loftis, Ciara Ros and Tatiana Freeman of Vinson & Elkins look at the recent proposal from Japan for a global carbon tax, assess it in the context of the...more

Vinson & Elkins LLP

Aviation Finance: Five Key Trends to Understand in the Aviation Industry

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After a two-year hiatus due to the pandemic, the Airline Economics and AirFinance Journal conferences returned to Dublin this month. The conferences were well-attended and there was optimism in the air among the many key...more

White & Case LLP

Facing headwinds: Conclusion

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The past two years have seen huge disruption in the aviation industry. But as this survey shows, the strength and diversity of the sector's financing ecosystem has played a decisive role in responding to the COVID-19 crisis. ...more

White & Case LLP

How aircraft lessors are weathering the storm

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Aircraft leasing companies are the backbone of modern commercial aviation. Lessors now account for an estimated 60 percent of new passenger jet deliveries, up from approximately 45 percent on the eve of the pandemic and just...more

White & Case LLP

Change is in the air

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Respondents see COVID-related disruptions, economic contraction and geopolitical instability as the top challenges for the aviation sector in the coming year. But growth is expected, notably in Asia-Pacific and Australasia - ...more

White & Case LLP

Liquidity and refinancing

White & Case LLP on

Looking at the current picture, 60 percent of respondents globally say that the aviation finance sector does not have enough capital and liquidity. Meanwhile, 32 percent believe that the sector has just the right amount of...more

White & Case LLP

Funding sources

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Asset-backed securitization (ABS) is the funding mechanism that most respondents expect will increase in 2022, as players look to tap the value tied up in their aircraft and aero engines. ABS is a popular choice for...more

White & Case LLP

Overall investment outlook for global aviation finance

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Aviation sector executives expect to maintain or increase investment in 2022, despite continuing headwinds caused by COVID-19 and concerns about the global economy - The year 2021 was another turbulent one for aviation, as...more

Blake, Cassels & Graydon LLP

Infolettre du groupe Aviation et aérospatiale

Voici la première édition de 2022 de notre Infolettre du groupe Aviation et aérospatiale, qui résume et analyse les principaux développements dans le secteur canadien de l'aviation. SORTIE EN BOUT DE PISTE - En août...more

Blake, Cassels & Graydon LLP

Aviation & Aerospace Group Newsletter

Welcome to our Aviation & Aerospace group’s first newsletter of 2022, which summarizes and analyzes key developments in the Canadian aviation industry. RUNNING OUT OF RUNWAY - Due to inclement weather conditions, an...more

BCLP

The bankruptcy Pegasus: stalking horse agreements in aviation

BCLP on

The bankruptcy Pegasus: stalking horse agreements in aviation - The Covid-19 pandemic has had a significant impact on the aviation industry, with regular international travel being halted for prolonged periods since March...more

Cozen O'Connor

U.S. Government Requires COVID-19 Vaccination for Foreign Visitors Arriving by Air; Modifies Pre-Departure Testing and Data...

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On October 25, 2021, President Biden issued a presidential proclamation titled Advancing the Safe Resumption of Global Travel During the COVID-19 Pandemic (the proclamation), and the U.S. Centers for Disease Control and...more

K&L Gates LLP

Brussels Air Transport Brief: June–August 2021

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AVIATION REGULATORY AND POLICY - Aviation Policy: European Commission Proposals Regarding the Transformation of EU Economy and Society to Meet Climate Ambitions - On 14 July 2021, the European Commission (Commission) adopted...more

Cozen O'Connor

Biden’s Competition EO Mandates Scrutiny of Airline Practices

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On July 9, 2021, President Biden issued an Executive Order (EO) designed to promote competition across the U.S. economy. The EO targets a swath of industries — from agriculture to information technology to prescription drugs...more

K&L Gates LLP

Brussels Air Transport Brief: April 2021

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AVIATION REGULATORY AND POLICY - Single European Sky: The Wise Person Group Publishes a Statement on the Future of the Single European Sky On 14 April 2021, the Wise Persons Group (WPG), a high-level aviation experts group...more

Flaster Greenberg PC

Michigan Governor Whitmer's Pipeline Move Declares War on Aviation

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For nearly a month, Enbridge, Inc., a Canadian oil and gas pipeline company, has been operating its Line 5 pipeline in defiance of an order from Michigan Governor Gretchen Whitmer to shut down Line 5’s operations effective...more

K&L Gates LLP

Brussels Air Transport Brief: March 2021

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AVIATION REGULATORY AND POLICY - COVID-19: Europe’s Airlines Welcome the European Commission’s Proposal for a Digital “COVID Passport” - On 17 March 2021, Europe’s aviation sector welcomed the European Commission’s...more

King & Spalding

Industry-Focused American Rescue Plan Act Summary – Aviation

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On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARP Act) into law, which provides approximately $1.9 trillion in financial assistance to individuals and industries impacted by COVID-19. The...more

K&L Gates LLP

Brussels Air Transport Brief: February 2021

K&L Gates LLP on

AVIATION REGULATORY AND POLICY - Aviation Policy: European Commission Proposes to set up new European Partnerships and to Invest Nearly €10 Billion for the Green and Digital Transition - On 23 February 2021, the European...more

Fox Rothschild LLP

FAA Says “Mask Up Or Pay Up!”

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On January 21, 2021, President Biden signed an Executive Order on Promoting COVID-19 Safety in Domestic and International Travel, which mandated mask wearing on all commercial aircraft. In addition, all domestic United...more

Cozen O'Connor

U.S. Airlines, Aviation Contractors to Receive Additional $15 Billion Under American Rescue Plan Act

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On March 11, 2021, the American Rescue Plan Act of 2021 (the Rescue Plan Act) was signed into law, providing much-needed relief to keep employees on airline payrolls. The Act provides “eligible air carriers” with $14 billion...more

White & Case LLP

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

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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

Cozen O'Connor

A Delicate Balancing Act for Airlines: the CDC Mask Mandate v. the Rights of Passengers with Disabilities

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The COVID-19 pandemic has not been kind to air carriers. Not only have they seen the loss of up to 75 percent of their passenger traffic, but — in the United States — they have been left to develop and enforce their own...more

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