The case for technology solutions in aviation finance transactions: will they take flight?

Structuring and documenting aviation finance and leasing transactions typically generates a high volume of paperwork, intense email traffic and the accompanying hours of time spent by clients and advisors producing and reviewing documentation and conditions precedent. Given the nature of work often involves large scale transactions, asset finance practices would appear to be the ideal … Read more

Aviation Finance Team Christmas Message

As we come to the end of what has been an unprecedented year for our clients, and the aviation industry at large, the HSF aviation finance team would like to wish you and your families an enjoyable holiday season. While the year has undeniably had its challenges, it has not also been without its opportunities … Read more

UK: Corporate Insolvency and Governance Act 2020: Impact on Airline Insolvency

The reforms introduced by the Corporate Insolvency and Governance Act 2020 (the “Act“) are likely to impact all companies across all sectors. In this briefing we analyse the potential impact of the Act on UK airline insolvency. In particular, we note that whilst the new moratorium introduced by the Act may appear to change the … Read more

Welcome!

Welcome to “Aviation Finance notes”, Herbert Smith Freehills’ aviation finance know-how and market intelligence blog. We are delighted to be launching this blog where you will find regular updates on the latest developments in international aviation finance. Here, we will be posting a series of short articles, videos and podcasts engaging with current issues, trends … Read more

Lessors: Contingency planning in times of COVID-19

The unprecedented disruption to international travel caused by COVID-19 has created unique challenges for the aviation industry. In this note we consider how lessors can manage their exposure going forward and deal with the challenges arising from the pandemic. Consider clawback and local insolvency Lessors should anticipate the risk that local liquidators or insolvency officeholders … Read more

Lenders: Contingency planning in times of COVID-19

The unprecedented disruption to international travel caused by COVID-19 has created unique challenges for the aviation industry. In this note we consider how lenders can manage their exposure going forward and deal with the challenges arising from the pandemic. Consider local insolvency regime Lenders should anticipate the hurdles an airline’s local insolvency regime may pose … Read more

ESG in Aviation Finance

Until recently, there was often a perception that any investment in aviation (let alone an aircraft finance transaction) could not be ESG compliant because of environmental concerns regarding the industry’s contribution to carbon emissions. However, attitudes seem to be shifting as there have now been a number of green or sustainability-linked financings involving airlines, lessors … Read more