News & Analysis as of

Lenders Aviation Industry

Vinson & Elkins LLP

SOFR: Coming in for Landing

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With the last U.S. dollar (“USD”) LIBOR tenors being discontinued on June 30, 2023, the time has come for borrowers and lenders (and lessees and lessors) to think about replacing LIBOR in their existing facilities....more

White & Case LLP

CARES Act: Considerations for Lessors and Lenders in Asia-Pacific

White & Case LLP on

The aviation industry has been on the front line of the COVID-19 crisis since it started in Asia-Pacific earlier this year. The development of the crisis into a full-blown pandemic has caused the economic impact to escalate...more

Vedder Price

Business Considerations: CARES Act Corporate Governance, Compensation and Employee-Related Obligations

Vedder Price on

On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act or CARES Act (the “Act”). Subtitle A of Title IV of the Act, the “Coronavirus Economic Stabilization Act of 2020, creates...more

Fox Rothschild LLP

URGENT…Accelerated Assistance For The Aviation Industry…ACT NOW!

Fox Rothschild LLP on

The Department of Treasury is acting with uncharacteristic swiftness in the wake of the passage of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). On March 30, 2019, the Department released its...more

White & Case LLP

Navigating turbulence - Funding sources

White & Case LLP on

The multiplicity of financing sources such as asset-backed security, insurance and leasing companies has been crucial for the sector. In this section, we reveal the origins and sources of expected funding in 2020. The...more

Vedder Price

PDP Financing: An Overview

Vedder Price on

This article discusses pre-delivery payment—or PDP—financing transactions for aircraft. PDPs are progress payments that a purchaser makes to a manufacturer while new aircraft are being built. ...more

Holland & Knight LLP

Are Lessors Responsible for Interference With Lessee Quiet Enjoyment Rights?

Holland & Knight LLP on

In the course of an aircraft lease negotiation, the lessee will typically seek to ensure that the lessor provides an express covenant to the lessee that for so long as no default has occurred and is continuing under the...more

Vedder Price

Aircraft Lender Not Responsible for Customer’s Structuring Strategy

Vedder Price on

Most business aircraft purchasers, especially high net worth individuals, rely on advice from their various resources when acquiring such expensive assets. Those resources typically include brokers, OEMs, lawyers,...more

Vedder Price

Global Transportation Finance Newsletter - April 2018

Vedder Price on

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

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