Cloudy Skies: Aircraft Repossession & Detainment
As the Covid-19 pandemic shows no signs of abating and lockdowns across Europe look set to continue into
May 26, 2021
The Flynn O’Driscoll Aviation and Asset Finance Team was founded by Chairman Patrick Flynn over seventeen years ago, and now headed up by Managing Partner James Duggan, has successfully developed very strong links across the Aviation and Transportation sectors, both internationally and domestically.
We have acted as lead transaction counsel and as Irish counsel to international law firms on a full range of financing structures including international cross-border aircraft purchase, sale lease and finance transactions and, through this, have developed strong working relationships with law firms with whom we have worked together and against in many jurisdictions.
With the aviation sector facing unprecedented and significant challenges, our experienced cross departmental Aviation and Dispute Resolution team are ready to assist industry stakeholders deal with any complex aviation related disputes which may arise. For more information on our expertise and experience please view the page below.
Why Ireland?
Industry Wide Coverage
Our Experience
Description of Transaction
Acting on behalf of the Purchaser in connection with the purchase and lease (novation) of four (4) used Airbus A321-211 aircraft.
Acting on behalf of the seller in connection with the sale and leaseback of five (5) Airbus A320-214 aircraft.
Acting on behalf of the seller in connection with the sale of two (2) Boeing B737-800 aircraft.
Acting on behalf of the purchaser in connection with the purchase and lease of six (6) Embraer E190 aircraft
Acting on behalf of the Purchaser in connection with the purchase and lease of five (5) Embraer E190 aircraft
Acting on behalf of the purchaser in connection with the purchase and lease of two (2) Airbus A 320-214 aircraft
Jurisdictions and Parties Involved
Seller (Ireland)
Purchaser (Ireland)
Lessee (Poland)
Purchaser (Ireland)
Lessee (Poland)
Seller (Ireland)
Purchaser (China/Ireland)
Lessee (Ireland)
Sub-Lessee (Russia)
Purchaser (China/Ireland)
Lessee (Ireland)
Sub-Lessee (Russia)
Seller (Ireland)
Purchaser (China/Ireland)
Lessee (Ireland)
Sub-Lessee (Russia)
Purchaser (China/Ireland)
Lessee (Ireland)
Sub-Lessee (Russia)
Purchaser (Ireland)
Sellers (Ireland/USA)
Lessee (1) (Kazakhstan)
Lessee (2) (Mexico)
Lessee (3) (UK)
Sellers (Ireland/USA)
Lessee (1) (Kazakhstan)
Lessee (2) (Mexico)
Lessee (3) (UK)
Purchaser (Ireland)
Seller (Ireland)
Lessee (1) (France)
Lessee (2) (China)
Seller (Ireland)
Lessee (1) (France)
Lessee (2) (China)
Purchaser (Ireland)
Seller (Ireland)
Lessee (1) (France)
Lessee (2) (China)
Seller (Ireland)
Lessee (1) (France)
Lessee (2) (China)
Value
Approximately US$81 million
Approximately US$231 million
Approximately US$88 million
Approximately US$119 million
Approximately US$90 million
Approximately US$59 million
Meet Our Team
Other Relevant Publications
The Norwegian Examinership and what it entails for the company’s creditors (Originally published on 15 December 2020)
On Monday, 7 December, the Irish High Court affirmed the appointment of an examiner, Kieran Wallace of KPMG, to
February 22, 2021
Cloudy Skies: Aircraft Repossession & Detainment
As the Covid-19 pandemic shows no signs of abating and lockdowns across Europe look set to continue into
February 17, 2021
Cloudy Skies: Will Ireland be an important hub
for global aviation disputes? (Updated on 19 March 2021)
Ireland’s long established position in the global aviation industry has led to many global aviation finance structures involving
February 4, 2021
Aviation Disputes Brochure
Over the past 18 years, Flynn O’Driscoll has developed strong links in the aviation industry, both internationally and
October 28, 2020