Virgin Atlantic Airways restructuring wins IFLR1000 Europe Restructuring Deal of the Year 202130 April 2021
The deal is one of the most significant airline restructurings to have taken place since the onset of the Covid-19 crisis.
The deal is one of the most significant airline restructurings to have taken place since the onset of the Covid-19 crisis.
This updated edition explores how the market’s response has developed, the trends that have emerged and some significant changes to legislation in the UK and incorporates a valuable table comparing the key features of a UK scheme of arrangement, a UK restructuring plan and the US’s Chapter 11 rehabilitation procedure, as well as case studies on the restructurings of Virgin Atlantic Airways and Malaysian Airlines Berhad.
Using original equipment manufacturer source data provided by Airbus, ATR, Boeing and Embraer, the ACC will generate and compare carbon dioxide emissions data for aircraft and aircraft portfolios.
This article explores a recent High Court judgment on whether a restructuring plan can be used by debtors to modify their obligations under certain leases and security agreements to which the Cape Town Convention applies.
As once profitable airlines look to raise liquidity to weather the turbulence of the Covid-19 pandemic, Partner Patrick Moore and Ocorian Director Abigail Holladay assess the use of alternative assets as a means to raise finance.
The firm has won the ‘Restructuring Deal of the Year 2019’ award for its advice to Norwegian Air Shuttle ASA regarding the restructuring of NAS’ €250m Norwegian bond transaction.
This episode of our Transport Webinar Series is on alternative assets in aviation.
This article explores the growing interest from private equity in the aviation sector as airlines, lessors and financiers seek to consolidate their position as a result of the turmoil caused by Covid-19.
Partners Dominic Pearson, Patrick Moore and Pete O’Hare has been recognised among the most outstanding individuals in that age group active in the commercial aviation industry.
The promotion of these six lawyers takes the firm’s total number of partners to 173.
This article highlights how lessors in the rail industry can be proactive and take precautionary measures to deal with the difficulties brought on by COVID-19.
In this article we discuss the impact of COVID-19 and a new paradigm in airline restructuring.