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Best regards
Zmags
ISSUE ONE 2016
THE LEADING GLOBAL PUBLICATION FOR OPERATORS OF AND INVESTORS IN AIRCRAFT AND ENGINES
Aviation Law Yearbook
Aviation
www.aviationnews-online.com
Global Transportation Finance
Global clients. Global deals.
Chambers Global 2015 declares
“Vedder Price undoubtedly has the
largest and broadest asset finance practice
in the market.” The Global Transportation
Finance team and its individual attorneys
are consistently recognized by numerous
international ranking publications for
business acumen, industry knowledge
and unparalleled client service.
Airline Economics named Vedder Price
“2015 Aviation 100 Law Firm of the Year”
Chicago New York Washington, DC London
San Francisco Los Angeles vedderpric
ISSUE ONE
Global Transportation Finance Global clients. G
EDITOR’S LETTER TALKING CAPE TOWN ISSUE ONE
CONTENTS 1 Talking Cape Town 38
COMMERCIAL AIRCRAFT FINANCE C
COMMERCIAL AIRCRAFT FINANCE
COMMERCIAL AIRCRAFT FINANCE
COMMERCIAL AIRCRAFT FINANCE
NEWS LAST CHANCE SALOON FOR THE “TECHNICAL DELA
To find out how we can help your business, contac
UK: AIR ACCIDENTS Acci
The European Aviation Safety Agency (EASA)
UK: AIR ACCIDENTS also
cargo, without those affected having to prove fau
UK: BRIBERY ACT The Bribery Act 2010 - A 2015
UK: BRIBERY ACT
UK: BRIBERY ACT Out
of his customers. As the customer employee given
Airports Commission - the future for regional air
are capped at a level which is con
UK: AIRPORTS political ambition to rebalance ec
Manchester Agreement. Although the Government h
UK: AIR RAGE Air rage incidents taking
aircraft was due to take off. The incident occurr
UK: AIR RAGE REFUSAL
the aircraft under police escort and the airline
Understanding the danger that can exist inside yo
along with banks and mobile phone companies, are
The Cape Town Convention: An Evolving Process By
USA: CAPE TOWN CONVENTION
USA: CAPE TOWN CONVENTION the security agreemen
USA: CAPE TOWN CONVENTION
USA: CAPE TOWN CONVENTION information in the CR
USA: CAPE TOWN CONVENTION on June 18, 2013
The Cayman Islands: Cape Town Convention now in f
On 1 November 2015 the Convention came into force
Canada and Cape Town Miriam Kavanagh, Miriam Kava
“Canadian” is defined in the Canada Transportat
Spain about to ratify aircraft protocol of the Ca
greatly reduces the deadlines to obtain final appr
SPAIN interest created over assets located in S
Global Leaders in Aviation Finance KPMG i
FRANCE Foreign Aircraft Seizur
ATTACHMENTS (“SAISIE CONSERVATOIRE”) An attachmen
FRANCE to a nominated guardian; issues
and serving the order to pay and the seizure docu
The Italian Chapter Laura Pierallini’s (Studio Pi
executing provisions (Regulations) and others to
ITALY Authority (namely “Ente Nazionale per l'A
aircraft mortgages exist in our system), which ca
ITALY the Tribunal holds the second level of ju
Competition Authority has distinguished between
PORTUGAL TAP airline priv
it allows that any EU national may own and contro
The Malta Aircraft Registration Act and the Cape
REGISTRATION OF AIRCRAFT The aircraft register
MALTA Malta,
an objective, first of all the CTC created the el
Aviation financing in Norway - protection and enf
airlines in time. With Norwegian's continuous
NORWAY take priority over competing rights
the lease agreement includes a written confirmatio
SWITZERLAND Switzerland’s aviation industry
are located nearby the cities of Zurich, Geneva,
SWITZERLAND Award”, “Swiss Award for
has increased. There are currently around 170
POLAND Repossession of aircraft in P
means that apart from specific instances, if the d
UKRAINE Ten things to know about financing an
TEN THINGS TO KNOW ABOUT LEASING AND FINANCING AI
TURKEY Legal Diversity and the
the interest in question falls under one of the f
Five key things to know before buying, leasing or
serves mainly public purposes of supervis
The Greek aviation finance market - key tax and o
any other person for the payment of any such valu
PERU No more delays in the e
PERU 14 12 10 30% 24.3% 25% 20% 17.0%
PERU BENEFITS OF NECESSA
PERU Platform Area 2001 (m2) 322,
ARGENTINA Nationality or
Second World War, a time dominated by concepts ar
ARGENTINA Those chan
benefit of Spanish investors. This notwiths
Colombia and Cape Town Delhierro Abogados’ Daniel
www.airlineeconomics.co COLOMBIA I n 2006,
COLOMBIA The Convention f
Kenyanaviation Sonal Sejpal, Tabitha Joy Raore an
recently added 3 more Boeing B787-8 Dreamliners t
KENYA encouraging to the industry to see this i
i. Aircraft registration and operation Regist
KENYA the special nature of the air service bei
to whom the aircraft had been let or hired out. F
KENYA provide overnight accommodation or meals
situs rule proves to be inappropriate in an avi
KENYA and consideration. An aircraft lease may
by any party to the dispute or that the defendant
Aircraft leasing and financing in Nepal Writes De
to operators in Nepal. OWNERSHIP Registration A
NEPAL details of the
make sure that the lessee or borrower takes ef
MEXICO Mexican promise By Jua
12.8% below Japan). Boeing and Airbus manu
Challenges and opportunities in Indian aviation R
INDIA Connectivity Scheme (RCS) will be
Chinese lessors expand their reach Debra Erni, Pa
encouragement to grow and diversify international
APAC LEASING have resor
GROWTH FRONTIERS MIDDLE EAST & AFRICA 2016 Suppo
TECHNOLOGY Screen scrapers bew
of the database (Article 6(1) and a lawful user o
GROWTH FRONTIERS ASIA-PACIFIC 2016 Supporting: 3
2015 130 130 aircraft transactions in 2015 $
The Global Aviation Law Firm We were there...