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.
The deal, which was approved by the courts in on 2 September 2020, is one of the most significant airline restructurings to have taken place since the onset of the Covid-19 crisis, and was the first to be implemented using the UK’s new Part 26A of the Companies Act 2006.
This short Q&A references 20 key points to think about on aviation deals in France describing practical things aircraft lessors and financiers need to be aware of in relation to their operations in France and/or with French lessors.
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.
In the first of our series on ESG principles in the aviation sector, we consider some of the environmental and sustainability initiatives that exist today or are on the horizon in the aviation industry.
Our global Aviation Finance team, in collaboration with Czech law firm BBH, advokátní kancelář, s.r.o, has written up a brief guide to Czech Reorganisation, comparing the process with UK and US restructuring plans.
In this article, we examine recent steps taken by the Government of India to pave the way for lessors to set up operations in the country.
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 UAE Government has recently made significant changes to the country’s Commercial Companies Law. This article explores the key amendments to the CCL contained in the recently passed Federal Decree Law No. 26 of 2020.
