Recent developments – Irish Aircraft Registration & Article 83bis

6 September, 2021

The Convention on International Civil Aviation (1944), known as the ‘Chicago Convention’, was held to promote peaceful co-operation between nations regarding the development of international civil aviation. The International Civil Aviation Organisation (ICAO) was established following the Convention to ensure that the aviation industry achieved the highest possible degree of uniformity in regulations, standards, procedures […]

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Update – European Aviation Jet Fuel Tax

16 August, 2021

The European Commission (the “Commission”) has confirmed plans to introduce an EU-wide tax on aviation jet fuel for airlines operating flights in and from the EU as part of the Commission’s overhaul ‘Fit for 55’ legislative package. The new measures were announced by the Commission on 14th July 2021 as part of the EU’s ambitious […]

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Cloudy Skies: The Cape Town Convention & Ireland’s Insolvency Regime

29 June, 2021

As the stakeholders within the aviation industry continue to tackle the uncertainty created by the Covid-19 pandemic, aviation related insolvencies show no signs of abating. The pandemic has had a massive impact on airlines across the world – by October 2020 43 commercial airlines had completely ceased or suspended operations. Here in Ireland, as recently […]

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Cloudy Skies: Aircraft Repossession & Detainment

26 May, 2021

As the Covid-19 pandemic shows no signs of abating and lockdowns across Europe look set to continue into the early summer, aircraft lessors and financiers have been forced to reconsider their initial strategies thought through at the beginning of the pandemic. This article sets out a brief overview of the steps a lessor or financier […]

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Cloudy Skies: Will Ireland be an important hub
for global aviation disputes? (Updated on 19 March 2021)

4 February, 2021

Ireland’s long established position in the global aviation industry has led to many global aviation finance structures involving Irish based lessors and Irish special purpose vehicles. While the governing law for financial arrangements between financiers and aircraft lessors is generally English or New York law, Irish law often governs the suite of security documents.   […]

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