This article explores the workings of the EU UK and Swiss (CH) ETS schemes, including their enforcement mechanics, and the risk that an aircraft operator's non-compliance with them poses to lessors across those jurisdictions which fall within these schemes.
OUR STRONG SECTOR FOCUS IN AVIATION MEANS THAT WE UNDERSTAND THE BUSINESS OF RUNNING AN AIRLINE.
We advise the world’s leading airlines on all areas of their business, including finance and leasing, capital markets, restructuring and insolvency, corporate, dispute resolution, tax, regulatory and employment law across Europe, Asia, the Middle East and the USA.
We know the pressures exerted on airlines from passengers, crew, airports, regulatory authorities, lessors, financiers and shareholders. Our thorough understanding of the challenges and latest developments in the sector, enables us to guide clients through turbulent times to best reach their strategic and commercial goals.
As authors of the highly regarded Covid-19 Aviation Restructuring Report, we were the first law firm to consider the options available for an airline’s path to recovery, including restructuring and State Aid. Now in its second edition, we explore how the market’s response has developed, the trends that have emerged and some significant changes to legislation in the UK.
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In this article, we discuss the EU Commission’s proposal to repeal Council Directive 2004/82/EC of 29 April 2004 requiring carriers to communicate passenger data for the purposes of enhancing border control and tackling illegal immigration.
This short Q&A addresses 20 key points for consideration regarding aviation deals in Spain, including practical matters aircraft lessors and financiers need to be aware of in relation to their operations in Spain and/or with Spanish lessees.