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...
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...
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...
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...
BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...
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...
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...
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...
BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...
The Islamic finance industry has seen rapid growth in recent years as financial institutions and their clients look towards exploring alternative methods of financing....
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....
Pre-Delivery Payment financing (PDP financing) has developed into a commonly used financing tool for airlines and lessors. However, the increase in the number of PDP...
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...
BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...
BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...
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...
BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...
BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...
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...
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...
This Deed is made on [insert day and month] 20[insert year] Parties 1 [insert name of Owner], a company incorporated in [England and Wales] with registered number [insert...
This DEED is made on [insert day and month] 20[insert year] Parties 1 [insert name of Owner], a company incorporated in [England and Wales] with registered number [insert...
This Practice Note will look at the following codes and conventions that have attempted to provide some standardisation to international leasing arrangements: • Uniform...
This Deed is made on [insert day and month] 20[insert year] Parties 1 [insert name of Owner], a company incorporated in [England and Wales] with registered number [insert...
This Practice Note describes the purpose and functions of sea carriage documents with reference to the delivery of cargo, in particular it examines a bill of lading and...
BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...