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European Union › Aircraft

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
A&O Shearman

EU sanctions and the no re-export to Russia requirements

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Who has to comply with the Regulation? The Regulation only applies to EU person exporters who are selling, supplying, transferring, or exporting the targeted goods (including aircraft) to third-country counterparts outside of...more

Vinson & Elkins LLP

Impact of the EU’s Latest Sanctions against Russia on Aircraft Owners

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On December 18, 2023, the European Union (EU) published its 12th package of sanctions targeting Russia via Regulation (EU) 2023/2878 and Regulation (EU) 2023/2875, which amend Regulation (EU) 833/2014 and Regulation (EU)...more

A&O Shearman

Sustainable aviation fuel – on the ascent

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As the aviation industry pins its hopes on sustainable aviation fuel (SAF) to achieve Net Zero carbon emissions by 2050, Joe Clinton, Matthew Townsend, Richard Chamberlain and Ying-Peng Chin outline the regulatory, investment...more

Sheppard Mullin Richter & Hampton LLP

Remedy for Russian Aircraft Expropriation – FSIA Lawsuit

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Is it possible that the Russian government wants to compensate the aviation leasing companies for aircraft and engines that the government expropriated?  Russia expropriated aircraft and engines of multiple U.S. leasing...more

Vinson & Elkins LLP

What the Latest EU Sanctions Derogation Means for Aircraft Lessors

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Through Council Regulation (EU) 2022/328 of February 25, 2022, the European Union introduced new sanctions relating to, among other things, Russian aggression in Ukraine...more

Walkers

Chambers Global Aviation Finance & Leasing Guide 2022: Ireland

Walkers on

1.1.1 Taxes/Duties Payable Upon Execution of the Sales Agreement VAT Whether there will be any VAT payable on the sale of an aircraft is determined by its physical location at the point of sale. If the aircraft is physically...more

White & Case LLP

Aviation Insurance and Other Claims Arising out of Russian Sanctions

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The following materials contain a high level description of potential insurance claims and other claims that may be available to a foreign owner, lessor or financier of aircraft stranded in Russia...more

Holland & Knight LLP

Navigating Russian Sanctions in Corporate Jet Transactions

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The U.S., European Union (EU), United Kingdom (U.K.) and many other countries have imposed similar but not necessarily identical sanctions on Russia. In corporate jet transactions, the sanctions laws of several jurisdictions...more

Miller Canfield

Corporate Aviation: Impact of Sanctions in Response to Russia's Invasion of Ukraine

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In the wake of Russia's military invasion of Ukraine, several countries, starting with the 27 member states of the European Union and followed by the United States, Canada, Switzerland and Norway, have implemented...more

White & Case LLP

UK, EU and US aviation industry sanctions

White & Case LLP on

Following the events in Ukraine, various measures have been put in place by the EU, the UK and the US that are expected to have a considerable impact on the aviation and aircraft financing industry. Below we give a round-up...more

Holland & Knight LLP

Briefing Sheet on EU Sanctions and Aviation Insurance Prohibition

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Regulation 2022/328 was adopted by the European Union (EU) on Feb. 25, 2022, in relation to the Russia-Ukraine crisis. The Regulation took effect on Feb. 26, 2022....more

K&L Gates LLP

Brussels Air Transport Brief: June–August 2021

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AVIATION REGULATORY AND POLICY - Aviation Policy: European Commission Proposals Regarding the Transformation of EU Economy and Society to Meet Climate Ambitions - On 14 July 2021, the European Commission (Commission) adopted...more

Robins Kaplan LLP

Financial Daily Dose 6.16.2021 | Top Story: Big Tech Critic and Antitrust Scholar Khan Named New FTC Chair

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Fresh off her Senate approval as newest commissioner to the Federal Trade Commission, Lina Khan—“a prominent critic of Big Tech”—has been named chair of the Commission. President Biden’s decision to make the 32-year-old Khan...more

Holland & Knight LLP

Biden Administration Announces Tariff Trifecta

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In three actions taken last week, the Biden Administration eased the tariff burden carried by numerous industries, including aviation, food, beverage and travel goods, and previewed the administration's approach to engagement...more

Husch Blackwell LLP

U.S. Agrees to Temporarily Suspend Tariffs On UK And EU Goods In Large Civil Aircraft Dispute

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In a joint statement released by the Office of the United States Trade Representative (“USTR”), the U.S. and European Union (“EU”) have agreed to temporarily suspend the additional tariffs from the Large Civil Aircraft...more

Jones Day

Climate Change Provisions of the EU-UK Trade and Cooperation Agreement

Jones Day on

The Trade and Cooperation Agreement ("TCA"), which was finalized on December 24, 2020, resets the European Union/United Kingdom relationship following the UK's departure from the EU. In place of the UK's participation in the...more

BCLP

Carbon pricing in the UK/Europe: ETS and CORSIA developments

BCLP on

Operators in the aviation sector and the ‘stationary sectors’ (power generation, energy intensive industries, etc.) should note that the environmental regulatory framework for carbon pricing and emissions trading in the...more

K&L Gates LLP

Brussels Air Transport Brief: December 2020–January 2021

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AVIATION REGULATORY AND POLICY - Aviation Policy: European Commission Presents its “Sustainable and Smart Mobility Strategy” - The European Commission (Commission) presented its “Sustainable and Smart Mobility Strategy,”...more

Holland & Knight LLP

The Ex-Im Bank as Biden Begins

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For several years, until May 2019, the Export-Import Bank of the United States (Ex-Im Bank) lacked sufficient directors to field a quorum for approval of any new commitments for transactions other than to approve short-term...more

Robins Kaplan LLP

Financial Daily Dose 12.9.2020 | Top Story: DoorDash Makes Public Trading Debut North of $100/share

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DoorDash is entering the public markets fray today with hopes of “cash[ing] in on the frenzy in initial public offerings” of late. The food-delivery company is expected to price shares “at the high end of or above its...more

Katten Muchin Rosenman LLP

ADS-B OUT Compliance as Part of Lease Redelivery Conditions

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Countries around the world are putting in place a more accurate system of tracking aircraft in the skies called Automatic Dependent Surveillance-Broadcast (ADS-B). This technology will eventually replace radar as the primary...more

Robins Kaplan LLP

Financial Daily Dose 11.10.2020 | Top Story: EU Unveils New Antitrust Investigation and Charges Against Amazon

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The European Union has unveiled a new antitrust probe and accompanying charges against Amazon over alleged the “use of non-public business data from independent sellers on its marketplace that could benefit the company’s own...more

Robins Kaplan LLP

Financial Daily Dose 10.22.2020 | Top Story: OxyContin-maker Purdue Pharma to Plead Guilty, Pay $8.3B for Role in Opioid Crisis

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The Justice Department on Wednesday announced an $8.3 billion settlement with Purdue Pharma as part of a deal in which the company will plead guilty to criminal charges “related to its marketing of the addictive painkiller”...more

Husch Blackwell LLP

WTO Rules That EU Can Impose $4 Billion In Tariffs On U.S. Imports

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The World Trade Organization (WTO) issued a decision that the European Union (EU) is authorized to impose tariffs on approximately $4 billion worth of annual imports from the United States, an amount the WTO found to be...more

Robins Kaplan LLP

Financial Daily Dose 10.14.2020 | Top Story: WTO Allows EU to Impose $4B in Tariffs Over U.S. Boeing Subsidies

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The WTO—already on shaky ground with the White House—did little to endear itself on Tuesday with a decision giving the EU “permission to impose tariffs on $4 billion worth of American products annually in retaliation for...more

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