News & Analysis as of

Leases United Kingdom Aviation Industry

A&O Shearman

JOLCO-motion denied: aircraft finance termination payments not penalties

A&O Shearman on

The English High Court has found that termination payments under Japanese Operating Lease with Call Option (JOLCO) structures did not amount to unenforceable penalties....more

Conyers

Key Takeaways from Airline Economics Dublin 2025

Conyers on

The 2025 Airline Economics Conference in Dublin highlighted several key trends and challenges currently shaping the aviation industry, with a particular focus on the leasing sector, sustainability, profitability, and...more

K&L Gates LLP

Conflicting Dispute Resolution Provisions: English Court Stays its own Proceedings in Favour of International Arbitration in...

K&L Gates LLP on

SUMMARY - In Helice Leasing S.A.S. v PT Garuda Indonesia (Persero) TBK [2021] EWHC 99 (Comm), the English Commercial Court has interpreted conflicting dispute resolution provisions and ordered a stay of court proceedings in...more

A&O Shearman

"As is where is" revisited – allocating risk through the acceptance certificate

A&O Shearman on

(Aquila WSA Aviation Opportunities II Ltd v Onur Air Tasimacilik As [2018] EWHC 519 (Comm)). Introduction – the facts - Onur Air, a Turkish airline, needed a temporary replacement engine for one of its aircraft. So, it...more

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