On 24 May 2020, the German government announced that it had agreed an extensive €9 billion rescue package for Lufthansa, including a significant recapitalisation leading to a government shareholding of 20 per cent. The European Commission indicated that any approval
Legal Flight Deck
The latest market insights, analysis and commentary from the Reed Smith aviation team
Legal Flight Deck, published by Reed Smith LLP, focuses on legal issues related to the aviation industry. The blog covers topics such as aircraft financing and leasing structures, regulatory compliance, litigation involving airlines and lessors, environmental claims and greenwashing lawsuits in aviation, investment strategies in aviation assets, and tax considerations for aircraft transactions. It also addresses cross-border legal challenges, airline deregulation impacts, and emerging trends in aviation finance and operations. The content is aimed at legal professionals, investors, and industry participants navigating the complexities of aviation law and related commercial matters.
Latest from Legal Flight Deck - Page 7
License Tax May Apply to Aircraft Stored in the State of Arizona
By David Dorner
The COVID-19 pandemic has caused many airlines to temporarily ground aircraft. Due to its dry desert conditions, Arizona is a popular state for airlines and commercial aircraft lessors to park aircraft while not in active use. Airlines and commercial aircraft…
Reed Smith update on the impact of Coronavirus on the aviation industry
The impact of COVID-19 (“Coronavirus”) on aviation is becoming more pronounced by the day, with the International Air Transport Association (“IATA”) yesterday asking that airport slot allocation rules be suspended to prevent airlines from losing their take-off and landing slots…
JOL-ted into action
Background
Leasing has been a staple of the aviation industry for more than 40 years, and has become increasingly attractive to the shipping industry over the last five years, particularly given the scarcity of traditional bank finance.
Until 2017, Chinese…
The eye of the beholder: After a dramatic year in aviation, how is the industry perceived by investors?
Aviation was exceptionally – and often uncomfortably – visible to the public eye over the course of 2019. The powerful combination of the grounding of the 737 MAX fleet as a result of tragedies and the advancing ‘flygskam’ (‘flight shame’)…
Means, motivation and opportunity: How can we better respond to flygskam?
I went to the Bath Children’s Literature Festival a couple of weekends ago, and at one of the events a very well-known illustrator mentioned that the main focus of the climate strike movement was aviation, before going on to suggest…
Case Note: Odyssey Aviation Ltd v GFG 737 Limited
Speed read
A party should not assume that the failure of its counterpart to provide or satisfy conditions precedent gives rise to an automatic right to terminate or not perform a contingent obligation, where it could have obtained or satisfied…
Fight or flight? The eternal battle for efficiency
By Rohan Soni
The Extinction Rebellion protests in London have finally died down, after several weeks of aggravation and disruption to City commuters making their way to work, protestors gluing themselves to overground trains and grinding traffic on Waterloo Bridge and at Oxford…
French airport market turbulence
In recent weeks, the French airport industry has seen two major and unexpected setbacks, with the cancellation of the privatisation of Toulouse airport and the postponement of the sale of the Paris airports company.
For months, the infrastructure world has…
Aviation: Endgame (… not really)
Well, sort of.
There are parallels to be drawn – I know, but indulge me for a moment. With Avengers: Endgame released this week, it’s the end of an era.
Much like the Avengers, we in aviation have lost a…