The EU Data Act: when Aviation meets the Internet of Things8 April 2024
WFW unpacks the EU Data Act: what it means for aircraft data use, sharing and ownership and what key aviation players should do to prepare.
WFW unpacks the EU Data Act: what it means for aircraft data use, sharing and ownership and what key aviation players should do to prepare.
This is the second such transaction where WFW has advised Investec.
The aircraft are scheduled for delivery out to 2032.
The aircraft will be delivered between 2025 and 2028.
Investec underwrote the acquisition which was supported by debt and equity co-investment.
Ultimate Aviation Group is a prominent aviation industry player headquartered in South Africa.
NAC is the largest lessor of regional aircraft, with over 500 aircraft. Since the onset of the pandemic, NAC is to-date the only aircraft lessor to have entered into any formal restructuring proceedings.