Aviation finance webinars

Event Details


Global | January to November 2021

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

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

January to November 2021

All sessions begin at 10.00am (London time) unless otherwise indicated.

The Covid-19 pandemic has had an enormous impact on the aircraft finance and leasing industry and will continue to do so for the immediately foreseeable future.   Throughout this year’s webinars we will be paying particular attention to its consequences of the different aspects of the industry being covered.

January 28, 2021 Essentials of aircraft finance
  • Introduction – what makes aircraft so different
  • The state of the market: the impact of Covid-19
  • Operating and finance leases
  • Quiet enjoyment
  • Default
  • Maintenance of value
  • Registration
February 18, 2021 Taking Security over Aircraft
  • The importance of security
  • The impact of bank regulation
  • Comparing English, French and New York approaches
  • The Cape Town Convention
  • Remedies
March 18, 2021 Letters of Intent
  • Why we need them
  • Are they legally binding?
  • What they should contain
  • Obligations to act in good faith
  • Pitfalls the Novus vs Alubaf case
April 22, 2021 Maintenance, Repair and Overhaul; Redelivery in the Covid-19 pandemic
  • Scheduled maintenance of an aircraft
  • Maintenance reserves
  • Damage and repair
  • Return conditions
May 27, 2021 Aviation insurance
  • Property and liability insurance
  • The exclusions
  • The new software clauses
  • Reinsurance
  • The provisions of AVN67B
June 17, 2021 Export Credits and similar schemes
  • The underlying principles of export credit financing
  • The aircraft sector understanding regulating export credits
  • Covid-19: the common lines
  • Typical export credit structures
  • AFIC, Balthazar and similar structures.
July 22, 2021 Tax Leases
  • What they are and how they are structured
  • Risk
  • JOLCOs
September 23, 2021 Events of Default
  • What is the purpose of Events of Default?
  • A review of common Events of Default
  • Remedies
  • Insolvency Proceedings: their impact on creditor’s rights.
October 14, 2021
Dealing with Liens over aircraft
  • What do we mean by a lien?
  • Different types of liens:
    • Statutory
    • Contractual
    • Common law
  • Jurisdiction and governing law issues
  • Application of Cape Town Convention and Geneva Convention to liens
  • Practical aspects of liens.
November 23, 2021 Trading aircraft and the GATS system
  • Trading aircraft
  • The legitimate concerns of a lessee
  • The traditional approach – novations and assignments
  • The GATS system.