Aviation finance webinars
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.
The different driving factors:
- Commercial, accounting, regulatory, tax
- Finance leases vs. operating leases
- Synthetic operating leases.
- 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?
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.
Cape Town Convention
- Its impact on aircraft finance
- Recent developments
- Practical considerations.
Maintenance, repair and return conditions
- The maintenance and repair obligations
- Maintenance reserves
- Return conditions
- Emissions Trading Schemes.
- 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.
- Property and liability insurance
- The exclusions
- The provisions of AVN67B.
- What they are and how to structure them
- Clawback issues
- Step-in agreements
- Recent developments.
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.
Capital market structures
- Secure bonds
- ECA wraps
To register for these webinars, please contact us.
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.