The bankruptcy Pegasus: stalking horse agreements in aviation -
The Covid-19 pandemic has had a significant impact on the aviation industry, with regular international travel being halted for prolonged periods since March...more
1/18/2022
/ 363 Sales ,
Aircraft ,
Airlines ,
Asset Purchase Agreements ,
Asset Purchaser ,
Aviation Industry ,
Bids ,
Chapter 11 ,
Commercial Bankruptcy ,
Contract Terms ,
Coronavirus/COVID-19 ,
Creditors ,
Debtors ,
Distressed Assets ,
Distressed Debt ,
Stalking Horse Bids ,
UK
The aviation sector accounts for approximately 2% of annual carbon emissions resulting from human activity. Prior to the onset of the global Covid-19 pandemic, passenger numbers were expected to increase to 8.2 billion by...more
Covid-19 hit the aviation industry at speed with its immediate and almost global impact requiring urgent responses from airlines, lessors, financiers and industry suppliers to apply emergency measures to, in some cases,...more
Dear Aircraft Lessor
Re: COVID 19: Aircraft Lease Agreements relating to Relevant Aircraft -
I am writing to inform you that our business has been materially and adversely affected by the COVID 19 pandemic....more
In the previous articles in our series Engine Leasing, the Fundamentals, BCLP’s global aviation team has discussed the attraction of engine leasing and the key economic drivers. It has discussed the legal risks associated...more
3/5/2020
/ Aircraft ,
Aircraft Equipment ,
Aircraft Financing ,
Aviation Industry ,
Cape Town Convention ,
Economic Sanctions ,
Financial Leasing Agreements ,
Office of Foreign Assets Control (OFAC) ,
SDN List ,
Sudan ,
Ukraine
In our previous article Engine Leasing, the Fundamentals – Legal Risks and the Cape Town Convention, BCLP’s global aviation team discussed the legal risks associated with engine leasing and the mitigating impact that the Cape...more
2/27/2020
/ Aircraft Equipment ,
Aircraft Financing ,
Aircraft Sales ,
Aviation Contracts ,
Aviation Industry ,
Cape Town Convention ,
Due Diligence ,
Financial Leasing Agreements ,
Power of Attorney ,
Risk Assessment ,
Risk Management
In our previous article Engine Leasing, the Fundamentals – What is the Attraction?, BCLP’s global aviation team discussed the appeal of engine leasing to investors and the economic considerations which influence decisions...more
In this, the first of a four part series focussing on engine leasing and financing, BCLP’s global aviation finance team considers the appeal of engine leasing to investors (as lessor owners and financiers) and the economic...more