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Aircraft

Carey Olsen

Cayman Islands corporate and finance update Q2 2024

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Our corporate team outline the latest developments within the corporate and finance market in Cayman including the amendments to the Beneficial Ownership Regime, winding up Cayman segregated portfolio companies, proposed...more

Holland & Knight LLP

FAA Clears the Runway for the Future of Advanced Air Mobility Travel

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The Federal Aviation Administration (FAA) on Oct. 22, 2024, took a significant step toward the future of advanced air mobility (AAM) travel by releasing its final Special Federal Aviation Regulation (SFAR) on powered-lift...more

Baker Donelson

FAA Policy Changes to Parts 135 and 380 Operations

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Last year, the Federal Aviation Administration (FAA) issued a Notice of Intent to initiate a rulemaking that would prohibit air carriers with FAA authority under 14 CFR 135 from conducting public charter flights under the...more

McDermott Will & Emery

Weekly IRS Roundup September 30 – October 4, 2024

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Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of September 30, 2024 – October 4, 2024....more

Holland & Knight LLP

Impact of the Corporate Transparency Act on Business Aviation and Fast Approaching Deadlines

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The Corporate Transparency Act (CTA) requires certain legal entities to identify their individual Beneficial Owners on a report filed electronically with the U.S. Department of the Treasury's Financial Crimes Enforcement...more

Pillsbury - Global Trade & Sanctions Law

New Enforcement Powers for UK Trade Sanctions Regulators

On September 12, 2024, the UK government published the Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024 (the “Regulations”), granting the UK’s trade sanctions enforcement body, the Office of Trade...more

Holland & Knight LLP

Comparing and Contrasting Domestic vs. Cross-Border Aviation Finance Transactions

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Though there are some similarities between financing an aircraft registered in the U.S. versus financing an aircraft registered abroad, in truth those similarities are vastly outweighed by the differences and complexities...more

Jones Day

New FAA Regulations Target Cybersecurity Vulnerabilities in Aircraft Design

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The Federal Aviation Administration ("FAA") has proposed new rules to standardize its criteria for addressing cybersecurity threats for transport category airplanes, engines, and propellers....more

Rivkin Radler LLP

September 2024 Insurance Update

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In this month’s update, we discuss Russian-seized planes, Starbucks-caused traffic jams, a squabble over the use of a family name, a restaurant’s pandemic-based loss, a poorly built house, and whether insurance covers any of...more

A&O Shearman

UK Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024 Published

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The Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024 (together with explanatory memorandum) have been laid in Parliament. The Regulations equip the soon to be launched Office of Trade Sanctions...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – September 2024 #2

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Department of Defense (DOD) Proposed Rule: Transactions Other Than Contracts, Grants, or Cooperative Agreements for Prototype Projects - On September 4, DOD published a proposed rule and request for comments regarding...more

Shook, Hardy & Bacon L.L.P.

Understanding the “Flight Department Company” Problem

Owning an aircraft can save company executives time and add prestige to brands. But companies should carefully review the tax consequences, which can be substantial depending on how the aircraft agreement is organized. One...more

Vinson & Elkins LLP

The Role of Ireland in Aviation: From GPA's Legacy to a Sustainable Future

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Ireland is the global hub for aircraft leasing and financing, with over 60%1 of the world’s leased aircraft being managed from there, and Dublin being home to more than 30 aircraft leasing companies2. This is thanks in no...more

Mayer Brown

Emissions on International Flights: ANAC Publishes Regulations Incorporating Corsia Rules in Brazil

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On May 14, 2024, Brazil’s National Civil Aviation Agency (“ANAC”) approved Resolution No. 743/2024 (“Resolution”), which regulates the monitoring and offsetting of carbon dioxide (“CO2”) emissions on international flights....more

Thomas Fox - Compliance Evangelist

The Boeing Plea Agreement-A Major Disconnect

In its proposed Plea Agreement, the Department of Justice (DOJ) lays out the abject failures of Boeing which led the DOJ to conclude the underlying Deferred Prosecution Agreement (DPA) from 2021 has been breached. The DOJ...more

Thomas Fox - Compliance Evangelist

The Boeing Monitorship – Compliance, Accountability, and the Path Forward

When it comes to corporate accountability and the often murky waters of compliance, few cases are as illustrative and significant as the ongoing litigation involving Boeing. Since the 737 MAX safety scandal erupted in 2021,...more

The Volkov Law Group

Boeing’s Failure to Integrate Compliance Anti-Fraud Controls with Quality and Safety Functions (Part III of III)

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Boeing’s Plea Agreement includes two Separate Factual Statements — the January 7, 2021 DPA, which is discussed in a prior blog post, and a factual outline of Boeing’s breach of the original DPA, resulting in the current Plea...more

Womble Bond Dickinson

Certification and AI in eVTOLs and eCTOLs: Industry Leaders Avoid Autopilot in Bringing Electric Aircraft to Market

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This client alert was originally published in Monitor Daily. The march toward electric vertical takeoff and landing aircraft (eVTOL) certification is progressing, though some predict a delay in eVTOLs’ market entry....more

Thomas Fox - Compliance Evangelist

The Omnibus Monitor for Boeing: Representing all Stakeholders

In probably a move that will surprise no one, the families of the victims of the two Boeing 737 MAX crashes have objected to the Department of Justice’s (DOJ) announced approach to a monitorship for Boeing. Having been so...more

Holland & Knight LLP

Update on U.S. Counter-UAS Authorities and Efforts to Address Threats from Drone Operations

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The military conflicts in Ukraine and Israel have highlighted the role that small unmanned aircraft systems (sUAS) might play in future conflicts. The Federal Aviation Administration (FAA) Reauthorization Act of 2024 (the...more

K&L Gates LLP

Important Lesson for the Aviation Industry and other Commercial Policyholders: Exclusive Jurisdiction Clauses in Insurance...

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In the recent case of Zephyrus Capital Aviation Partners 1D Ltd & Ors v Fidelis Underwriting Ltd & Ors (Re Russian Aircraft Operator Policy Claims (Jurisdiction Applications)) [2024] EWHC 734 (Comm), London’s High Court held...more

AEON Law

Patent Poetry: Federal Court Dismisses Patent Claims for Aircraft Fault Detection

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A federal district court in Utah has dismissed patent claims directed to intermittent fault detection (IFD) technology for electrical systems in aircrafts. The court determined that the asserted claims are patent-ineligible...more

Jackson Lewis P.C.

AG Paxton’s DEI Investigation and 10 DEI Steps to Take

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What do missing bolts on an airplane door and employer diversity, equity, and inclusion (DEI) programs have in common? Texas Attorney General (AG) Ken Paxton is determined to link the two. Many DEI initiatives are lawful, and...more

Holland & Knight LLP

DOE Expands ATVM Eligibility to Include Ultra Efficient and Other Types of Vehicles: Also Now Included: Trains, Maritime Vessels,...

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The U.S. Department of Energy (DOE) published a direct final rule (DFR) on April 29, 2024, to amend and align the Advanced Technology Vehicles Manufacturing Incentive Program (ATVM) implementing regulations1 with its...more

Latham & Watkins LLP

Russian Exclusive Jurisdiction Clauses Fail to Stop Aviation Insurance Litigation in England

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The English High Court found that a current risk of unfair trial in Russia justified declining to enforce Russian exclusive jurisdiction clauses. The English High Court has cleared the way for major aviation insurance...more

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