Richard Skipper, senior associate, Norton Rose LLP examines how Basel III will affect business jet finance.
On June 28th the Italian tax authorities have issued the implementing directive regarding the chartered flights passengers’ tax introduced at the end of April with law 44/2012.
Deposits are commonplace and a feature of all transactions. However, there can often be uncertainty about who is entitled to the deposit if a deal does not go ahead writes SNR Denton’s Matthew Harvey and Sarah Dyke.
Ben Graham-Evans, partner at Blake Lapthorn, navigates corporate jet investors through the Cape Town Convention. Introduction 1.1 The Cape Town Convention and Aircraft Protocol (Convention) is an increasingly important tool in facilitating cross-border corporate jet finance and leasing transactions. There
The aircraft finance and leasing community has been eagerly awaiting the ruling in ACG v. Olympic  EWHC 1070 and the impact the ruling may have on drafting aircraft leases and managing deliveries writes Sarah Dyke and Matthew Harvey, partners at SNR Denton.
The recent decision by the Commercial Court in London in ACG Acquisition XX LLC v Olympic Airlines SA should serve as a warning to all lessors and lessees to ensure that lease agreements are drafted carefully and clearly in order to ensure that no points are being left open to interpretation, write Debra Erni and Graham Tyler, both partners at DLA Piper
The case will not only be of interest to aircraft lessors and lessees, but also to industry participants engaged in the trading of used aircraft which are continuing to be operated. It is well known that full inspection of aircraft on lease is often difficult to accomplish depending on the scope of inspection rights permitted under a lease agreement and any quiet enjoyment protections that an operator may have.
Simon Lawrenson, a partner in the Hong Kong office of Mourant Ozannes, examines the use of British Virgin Islands (BVI) companies as the corporate vehicle of choice for high net worth individuals (HNWIs), companies, arrangers and lenders in the acquisition, financing and leasing of corporate and private jet aircraft and helicopters.
On February 3 the Italian tax authorities issued regulation regarding the tax of private aviation.