The Federal Aviation Administration (“FAA”) is proposing to extend its slot utilization waiver at John F. Kennedy International Airport (“JFK”), LaGuardia (“LGA”) and Ronald Reagan Washington National (“DCA”) through March...more
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
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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