Legalflyer provides legal and market commentary, addressing the key questions and topics of interest to our clients operating in the global aviation industry. The content of Legalflyer incorporates the breadth of our aviation practice with contributions by lawyers from across our 50+ offices worldwide.
The knowledge of our lawyers encompasses every aspect of the business, derived from decades of experience of advising the broadest spectrum of industry participants, including airlines, banks and financiers, lessors, manufacturers, insurers, export credit agencies, governments and regulatory bodies. We trust that Legalflyer will keep you abreast of the latest global developments.
EU Taxonomy Regulation and aviation: A transition to sustainability
On 5 April 2023 the long-awaited draft amendment to Delegated Act EU 2021/2139 including draft technical screening criteria in Annex 1 (the Draft Delegated Act) was published by the European Commission heralding the inclusion of aviation as a transitional activity within the EU Taxonomy Regulation. Following consultation, the draft was then updated on 13 June 2023 and published as part of the European Commission’s sustainable finance framework.
Financing a sustainable future for aviation
Aviation is an essential tool for global mobility, but is a 'hard-to-abate' sector, meaning it is prohibitively costly or impossible to transition to net-zero with currently available abatement technology.
Update on the EU’s latest proposals regarding Sustainable Aviation Fuel (SAF)
In July 2021, the European Union (EU) released the ‘Fit for 55’ package, a set of proposals to update EU law in order to meet the EU’s aims of reducing net greenhouse gas emissions by 55% by 2030. These included a draft ReFuel Regulation to encourage the use of SAF, which we examined in our article New regulatory initiatives supporting Sustainable Aviation Fuel.
Managing the greenwashing risk
In this session, we look at how regulators are dealing with greenwashing and how to reduce the risk of a greenwashing claim.
Offsetting and carbon credits: Navigating the regulatory environment
In this session, we look at the latest developments in CORSIA and the EU ETS, as well as voluntary offsetting schemes.
Access to sustainable finance: Helping aviation to transition
In this session, we discuss the sustainable finance products aviation can access and how these work, as well as looking to the future.
Sustainable aviation fuel: A transition pathway for aviation?
In this session, we will explain some of the legal issues around how Sustainable aviation fuel (SAF) is regulated, how its sustainable credentials are measured under EU RED II, CORSIA and other schemes and looks at “Book and trade” schemes and existing frameworks to incentivise its use.
New regulatory initiatives supporting Sustainable Aviation Fuel
In early October the members of the International Air Transport Association (IATA) committed to reaching net zero carbon emissions by 2050.
Developing policies for green and sustainable finance for the aviation industry
The application of green and sustainable lending principles to the aviation industry has long been a source of controversy and confusion. At the heart of the matter is whether lending to an airline can ever be considered truly “green” and if not, then whether aviation could be considered a transitioning industry with lending practices supporting the move towards lower emissions.