Aircraft Finance:Recent Developments and Prospects

Aircraft Finance:Recent Developments and Prospects
Author: Berend Crans
Publisher: Kluwer Law International B.V.
Total Pages: 164
Release: 1996-01-26
Genre: Law
ISBN: 9041101411

Aircraft Finance: Recent Developments and Prospects confronts the burning issues in the turbulent world of the airline industry. The book combines selections of presentations from the First and Second De Brauw Blackstone and Westbroek Aircraft Finance Conferences, held in January 1992 and 1995, respectively. It deals with the legal and tax aspects of aircraft finance transaction in six European jurisdictions: France, Germany, Spain, Sweden, Belgium and the Netherlands. All presentations have been reviewed and updated by the authors. Issues raised include funding sources, security rights, aircraft leasing and the effect of the EC licensing regulation. Furthermore, it contains two selections dealing with the outlook for the aviation industry and the aircraft finance market. Aircraft Finance: Recent Developments and Prospects provides practical answers to complex legal issues for lawyers, financiers, airlines, lease companies and aircraft manufacturers.

Airline Finance

Airline Finance
Author: Peter S. Morrell
Publisher: Routledge
Total Pages: 263
Release: 2019-09-30
Genre: Business & Economics
ISBN: 1351163140

Air transport industry finance, with its complexity and special needs such as route rights, airport slots, aircraft leasing options and frequent flyer programmes, requires specific knowledge. While there are numerous financial management and corporate finance texts available, few of these provide explanations for the singularities of the airline industry with worked examples drawn directly from the industry itself. Revised and updated in its third edition, this internationally renowned and respected book provides the essentials to understanding all areas of airline finance. Designed to address each of the distinct areas of financial management in an air transport industry context, it also shows how these fit together, while each chapter and topic provides a detailed resource which can be also consulted separately. Supported at each stage by practical airline examples, it examines the financial trends and prospects for the airline industry as a whole, contrasting the developments for the major regions and airlines. Important techniques in financial analysis are applied to the airline industry, together with critical discussion of key issues. Thoroughly amended and updated throughout, the third edition reflects the many developments that have affected the industry since 2001. It features several important new topics, including Low Cost Carriers (LCCs), fuel hedging and US Chapter 11 provisions. The sections on financial statements and privatisation have been expanded, and a new chapter has been added on equity finance and IPOs. New case studies have been added, as well as the latest available financial data. The range and perspective is even greater than before, with significant expansion of material specific to the US and Asia. The book is a key resource for students of airline management, and a sophisticated and authoritative guide for analysts in financial institutions and consultancies, executives in airlines and related industries, and civil aviation departments.

Introduction to Air Law

Introduction to Air Law
Author: Pablo Mendes de Leon
Publisher: Kluwer Law International B.V.
Total Pages: 573
Release: 2022-08-11
Genre: Law
ISBN: 9403547332

The world of aviation has moved on rapidly since the appearance of the ninth edition of this pre-eminent resource five years ago. Those developments pertain to market access and market behaviour by air carriers, including competition, new perceptions of safety and security, among others, in relation to transparency of accident investigation and cybersecurity, case law in the area of airline liability, with new cases from the United States, product liability and insurance, the United Kingdom, and elsewhere, the growing importance of environmental concerns, the rights and obligations of passengers, also in the context of ‘unruly’ passengers, and innovative methods for financing aircraft. Special attention has been paid in this edition to regional integration movements, especially in Europe, affecting the mentioned subjects. The book’s extensive references to other sources in the field have been expanded and updated by the author and experts in specialised areas. The present edition addresses the following topics: the regulatory framework governing the operation of air services, including the principle of sovereignty in national airspace; the distinction between State and civil aircraft; dispute settlement in international civil aviation; economic regulation of international air transport services, including the establishment of air services agreements; inter-airline cooperation in the context of competition law regimes; liability of the various service providers, in particular airlines, and related insurance coverage; the promotion of safety standards; criminal acts affecting the safety of aviation; the role of international and regional organisations with particular reference to that of the European Union; liability of the aircraft manufacturer for equipment; and financial and security interests in mobile equipment. The many practitioners, officials, business people, and academics with a professional interest in aviation law will appreciate this new edition as one of the fundamental works in the field, and newcomers will discover an incomparable resource. This eleventh edition is ready to be of unmatched service to any practising member of the air law community anywhere in the world.

Aircraft Financing

Aircraft Financing
Author: Rob Murphy
Publisher: Bloomsbury Publishing
Total Pages: 457
Release: 2022-02-24
Genre: Law
ISBN: 1526519747

Aircraft are mainly bought by two groups of buyers: 1. Airlines for their own use 2. Operating lessors for onward leasing to airlines Both groups of buyers require substantial external funding, both debt and equity, to accommodate these purchases. Historically five key sources have funded the aviation industry: 1. bank debt (secured and unsecured) 2. export credit agency guaranteed debt (secured) 3. capital markets (secured and unsecured bonds; equity and debt solutions) 4. internal cash flow generation 5. tax based leasing products This is the leading text providing guidance on all the funding options available, the best way to secure funding and how to ensure that robust legal structures framing the commercial deal are in place. The book is divided into four core sections: Part A: Market Context which sets the scene giving the user market context and an overview of aircraft financing Part B: Transaction structuring which looks at the credit, the asset, the legal structuring and tax drivers Part C: Core Products and Regional Markets (Brazil, Russia, India, China, France, Germany, Spain and Japan) Part D: Regulatory Matters including accounting developments Key updates for the new Fifth Edition include: - New chapters on: - The environment - Restructuring - Compliance - GATS (Global Aircrafts Trading Systems (GATS) - Full explanation and analysis of recent regulatory changes including changes brought about by Basel IV Due to the complexities involved in this area and the need to ensure that any commercial deal is legally sound Aircraft Financing is the essential reference tool for anyone involved in aircraft financing transactions. This title is included in Bloomsbury Professional's Banking and Finance Law online service.

From Lowlands to High Skies: A Multilevel Jurisdictional Approach Towards Air law

From Lowlands to High Skies: A Multilevel Jurisdictional Approach Towards Air law
Author: Pablo Mendes de Leon
Publisher: Martinus Nijhoff Publishers
Total Pages: 337
Release: 2013-10-10
Genre: Law
ISBN: 9004260641

This volume brings together a fascinating collection of essays on air law, approached from national, European and international perspectives. These perspectives often interact, always interestingly, but not necessarily harmoniously, a theme which forms a Leitmotiv in the writings, reports and pleadings of John Balfour, to whom the volume is dedicated. Written by a diverse group of experts in the field of air law, the collection is divided into three parts: Public Air Law, EU Air Law and Private Air Law.

Aircraft Finance

Aircraft Finance
Author: Bijan Vasigh
Publisher: J. Ross Publishing
Total Pages: 409
Release: 2012-06-15
Genre: Business & Economics
ISBN: 1604270713

This title presents a flexible valuation and decision-making tool for financial planners, airlines, lease companies, bankers, insurance companies, and aircraft manufacturers.

Aircraft Leasing and Financing

Aircraft Leasing and Financing
Author: Vitaly Guzhva
Publisher: Elsevier
Total Pages: 528
Release: 2024-06-21
Genre: Transportation
ISBN: 0443153744

Aircraft Financing and Leasing: Tools for Success in Aircraft Acquisition and Management, Second Edition provides students and industry professionals with unique insights into the latest developments in the Commercial Aircraft and Engine Leasing and Financing industry that has grown into one of the most distinctive and important industries globally. This book offers a blend of academic and professional views that make it educational and relevant to the everyday operations of the industry. It can be used as a stand-alone textbook as well as a practitioner's guide. Given the impact of the COVID-19 virus on airlines around the world, the industry has experienced substantial changes since the first edition was published. This second edition is thoroughly revised and includes some new case studies and an entirely new chapter on Environmental Considerations with Respect to Aviation Finance. Aircraft Financing and Leasing details the industry's foundational concepts, including aviation law and regulation, airline credit analysis, maintenance reserve development, insurance, transaction cost modeling, risk management tools such as asset and credit diversification, and the art of lease negotiations. Different types of aircraft are explored, highlighting their purposes, as well as when and why airline operators and investors choose specific models over others. In addition, the book covers important factors such as modeling financial returns for leased aircraft and appraising aircraft values. Users will find this an ideal resource for practitioners or as an outstanding reference for senior undergraduate and graduate students. - Includes a new chapter on Environmental Considerations with Respect to Aviation Finance as well as updates throughout to reflect changes in the industry, particularly due to COVID-19 - Utilizes case studies in each chapter—real-life examples that will help the readers apply newly learned concepts to real problems of the industry - Highly illustrated with text boxes for examples and real-world applications; graphs, charts, tables, diagrams, flow charts, photos, maps; and examples of forms - Offers a blend of academic and professional views, making it suitable for both student and practitioner - Serves as an aircraft finance and leasing reference for those starting their careers, as well as for legal, investment, and other professionals

New Trends in Civil Aviation

New Trends in Civil Aviation
Author: Vladimir Socha
Publisher: CRC Press
Total Pages: 420
Release: 2018-06-27
Genre: Technology & Engineering
ISBN: 1351238639

The NTCA conference series is dedicated to publishing peer-reviewed proceedings of the conference. The goal is to disseminate state-of the- art scientific results available in the domain of civil aviation. These proceedings contain a collection of scientific contributions to the NTCA 2017 conference, which took place in Prague from 7-8 December 2017 and was hosted by the Department of Air Transport, Czech Technical University in Prague with the cooperation of the Faculty of Aeronautics, Technical University of Košice; Institute of Aerospace Engineering, Brno University of Technology; Air Transport Department, University of Žilina, and the Czech Aerospace Society. The NTCA conference aims to build and extend a platform for interaction between communities interested in aviation problems and applications. NTCA 2017 followed this established practice and provided room for discussing and sharing views on the current issues in the field of aviation. As a result, these proceedings include contributions on air transport operations, air traffic management and economic aspects, aviation safety and security, aircraft technologies, unmanned aerial systems, human factors and ergonomics in aviation.

Implementing the Cape Town Convention and the Domestic Laws on Secured Transactions

Implementing the Cape Town Convention and the Domestic Laws on Secured Transactions
Author: Souichirou Kozuka
Publisher: Springer
Total Pages: 379
Release: 2017-01-25
Genre: Law
ISBN: 3319464701

This book offers the analysis of the relationship between the Cape Town Convention and national laws on secured transactions. The first part of the book considers why national implementation is so important in the case of the Cape Town Convention and identifies how innovative the Convention is as a uniform law instrument. The second part includes chapters on those states that are Parties to the Cape Town Convention, which analyse how the Convention is implemented under the domestic law. The third part includes chapters on those states that are not Parties to the Convention, which compare their national laws and the Convention to find unique features of the Cape Town Convention’s rules. The fourth part discusses the meaning of Protocols on aircraft, railway rolling stock and space assets from the practitioner’s point of view. As a whole, the book offers insights into the new stage of uniform private law and shows the need for further examination of the subject, which will be essential for international and national legislators, academics of comparative and international private law as well as practitioners who are the users of the uniform law regime.