Launched on 19 October 2021, GARI offers a comparative index of 55+ restructuring procedures available in 30 key aviation jurisdictions.
Our aviation experts advise on the complex, cross-border commercial issues that define this changing sector.
As the world’s appetite for air travel is on hold, the challenge for the aviation industry is to uncover and extract value in the face of ever more competition for passengers. Our team of dedicated aviation lawyers can help you achieve your commercial objectives in the most complex matters with innovative thinking and a comprehensive range of legal services, combining finance, tax, corporate, restructuring & insolvency, regulatory, real estate and dispute resolution.
Our insight, depth and breadth of knowledge across all segments of the aviation industry attract a diverse set of clients from across the world, including banks and financial institutions, funds and investors, export credit agencies, aircraft and engine leasing companies, airlines, airports and manufacturers.
With more than 35 years’ experience, we are ahead of the curve with developments in the aviation sector, especially in our role as advisers to the Aviation Working Group on its Global Aviation Trading System (GATS) and environmental, social and governance (ESG) initiative.
Covid-19 Aviation Restructuring Report 2.0
Airlines across the globe continue to fight for their survival in the midst of the Covid-19 crisis. In our highly regarded report, we explore the restructuring trends that have emerged and some significant changes to legislation in the UK. Now in its second edition, the report also 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.
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WFW successfully advises Ryanair on appeal against Italy’s Public Service Obligations to Trapani airport
Watson Farley & Williams has successfully advised Ryanair on its appeal against the Italian Ministry of Infrastructure and Transport’s Decree no. 2/2020, which imposed Public Service Obligations on scheduled air services between Trapani airport and other six destinations.
Following the launch of WFW’s Global Aviation Restructuring Index (GARI), this article shares our insights on the data analysis beyond the headline debtor-friendliness and creditor-friendliness scores.