The Global Aircraft Trading System (GATS): some practical and documentary considerations

The Global Aircraft Trading System (GATS) is a fully electronic system designed to facilitate certain aircraft trading and financing transactions. This system seeks to streamline these often time consuming processes while at the same time increasing transparency and confidence in trading through the use of standardised processes and by recording GATS transactions on a secure e-Ledger which is searchable by any persons with a GATS account. In this article, we discuss some considerations for lessees, lessors and financiers thinking about whether GATS is right for their transaction.

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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 candidates for the progressive adoption and implementation of AI (artificial intelligence) software, digital collaboration tools and automated transaction management platforms.

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