In recent years, several major US airlines have entered into loan facilities secured solely by certain of its slots, gates and routes (“SGR”). This alert provides (i) a brief overview of SGR, (ii) how SGR collateral may be...more
8/5/2020
/ Airlines ,
American Airlines ,
Borrowers ,
Collateral ,
Coronavirus/COVID-19 ,
Debt Financing ,
Delta Airlines ,
Department of Justice (DOJ) ,
Department of Transportation (DOT) ,
Federal Aviation Act ,
Federal Aviation Administration (FAA) ,
Lenders ,
Uniform Commercial Code (UCC) ,
United Airlines