Aviation finance webinars

Aircraft engine

Contacts

A course of interactive webinars led by consultant, Kenneth Gray, aimed at bankers, airlines and lessors at all levels of experience within the industry. The sessions are broadcast monthly and last approximately 45 minutes.

If you would like to participate, please contact Jennifer Fitz-Henley.

For past recordings please visit our online event centre.

Agenda - January - November 2013

All sessions begin at 9.30am (London time) unless otherwise indicated.

31 January

Financing structures

The different driving factors:

  • Commercial, accounting, regulatory, tax
  • Finance leases vs. operating leases
  • Synthetic operating leases.

21 February

Sub-leasing
  • The legal problems associated with sub-leasing
  • Why airlines require sub-leasing rights
  • The differences between wet and dry leases
  • What operators might be permitted sub-lessees?
  • To what conditions might sub-leasing be subjected?

21 March

Taking security over aircraft
  • Why do banks need security?
  • The consequences of Basel 2
  • Why aircraft mortgages can be problematical
  • Mortgages vs. title financing
  • Other liens.

29 April

Cape Town Convention
  • Its impact on aircraft finance
  • Recent developments
  • Practical considerations.

23 May

Maintenance, repair and return conditions
  • The maintenance and repair obligations
  • Maintenance reserves
  • Return conditions
  • Emissions Trading Schemes.

11 June

Export credits
  • The underlying principles of export credit financing
  • The advantages and problems associated with export credits
  • The aircraft sector understanding regulating export credits
  • Typical export credit structures.

25 July

Aviation insurance
  • Property and liability insurance
  • The exclusions
  • Reinsurance
  • The provisions of AVN67B.

26 September

PDP financing
  • What they are and how to structure them
  • Clawback issues
  • Step-in agreements
  • Recent developments.

24 October

Basel - Its impact on asset finance
  • What are Basel 2 and Basel 3?
  • The capital charge for a bank
  • The different approaches
  • The use of aircraft as "credit risk mitigants"
  • The increased costs clause.

28 November

Capital market structures
  • Secure bonds
  • ECA wraps
  • EETCs
  • Sukuks.

Registration

To register for these webinars, please contact us.

Accreditation

We are accredited by the Solicitors Regulation Authority of England and Wales and all our sessions carry continuing professional development hours. Sessions are eligible for credit under the approved jurisdiction procedure in California and New York. Most sessions will also qualify for professional development purposes for a number of professional bodies.

Please contact your professional body directly for advice on whether the relevant session qualifies.