ESG in Aviation: brace for a hard landing?
The 30 July announcement by Air NZ that it was abandoning its 2030 emission reduction targets was met with surprise, questions and criticism.
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 and M&A, 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.
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.
Click here to read the full report
The 30 July announcement by Air NZ that it was abandoning its 2030 emission reduction targets was met with surprise, questions and criticism.
Why have many airlines tended towards Chapter 11 bankruptcy proceedings as an internationally recognised restructuring procedure and shied away from the UK schemes?
We advised National Westminster Bank and UK Export Finance regarding a €100m Export Development Guarantee term loan granted to Bristow Group.