Asset finance

Asset finance guidance:

Advantages • Cash flow benefits for lessee— the operating cash flow of the lessee is likely to be in a stronger position than under a typical loan structure as the lessee...

Practice Note

When the lessor puts the aircraft on lease it will be concerned to ensure that the aircraft is operated in such a manner as will not unduly affect the market value of the...

Practice Note

Operating leases are often used in the airline industry. Aircraft have a long working life and, as such, a highly developed market place for marketing second hand...

Practice Note

The most basic concerns for a lessee in an operating lease are that the aircraft it leases is in an airworthy condition and that it is able to use the aircraft without...

Practice Note

This Practice Note looks at two other important types of leasing transactions that may arise, outside the standard operating or finance leases. The most suitable...

Practice Note

Aircraft are high value assets, prone to damage and capable of causing destruction. Appropriate insurance coverage is a vital concern for financiers and the contents of...

Practice Note

The essence of aviation finance is that a lender will advance money to a borrower for the purposes of financing (or refinancing) its acquisition of an aircraft. In the...

Practice Note

BREXIT: The UK is leaving the EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This may have an impact on the information in Practice Note about...

Practice Note

The Islamic finance industry has seen rapid growth in recent years as financial institutions and their clients look towards exploring alternative methods of financing....

Practice Note

Pre-Delivery Payment (PDP) financing, and the protection available to any lender, is very different to the situation that exists under other types of aviation finance....

Practice Note

Aviation finance lends itself to tax leasing in many jurisdictions. Tax leases are usually a means of tax deferral. They can be advantageous, from a tax perspective, to...

Practice Note

BREXIT: The UK is leaving the EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This will have an impact on the information in this Practice Note...

Practice Note

This Practice Note explains the law and practicalities relating to bills of lading and sea waybills in the context of an arrangement for the carriage of goods by sea. It...

Practice Note

The Cape Town Convention establishes a uniform set of rules guiding the constitution, protection, prioritisation and enforcement of certain rights in aircraft and...

Practice Note

This Practice Note explains the law relating to charterparties in the context of an arrangement for the carriage of goods by sea. It explains the key features of voyage...

Practice Note

This Practice Note explains the Hague-Visby Rules (the Rules) which are an international convention enacted into English law by the Carriage of Goods by Sea Act 1971...

Practice Note