21 January 2019
When is an air carrier not an air carrier? A Regulation 261 anomaly
www.twobirds.com/en/news/articles/2019/global/when-is-an-air-carrier-not-an-air-carrier-a-regulation-261-anomaly

On 6 December 2018 the European Court of Justice ("ECJ") issued a preliminary ruling concerning the interpretation of EU Regulation 261/2004 ("Regulation 261") Article 2(a), Article 5(1)(c) and Article 7(1). These ...

24 June 2019
The UK Government’s Airline Insolvency Review – proposed Special Administration Regime for UK airlines could impact the aircraft leasing & finance community
www.twobirds.com/en/news/articles/2019/uk/the-uk-governments-airline-insolvency-review-proposed-special-administration-regime-for-uk-airlines

Of interest to the aircraft leasing & finance community, the recommendations include the creation of a Special Administration Regime ("SAR") to keep an insolvent airline flying for the purpose of repatriation.

28 February 2018
Payments in the Airline Industry
www.twobirds.com/en/news/articles/2018/global/payments-in-the-airline-industry

The so-called "PSD2" is the revision of an existing directive from 2007, called the "Payment Services Directive" or "PSD" or "PSD1".

08 April 2020
COVID-19: signing transaction documents during social distancing
www.twobirds.com/en/news/articles/2020/global/covid-19-signing-transaction-documents-during-social-distancing

Partner Richard Sharman takes a look at how those currently working from home as a result of COVID-19 measures can sign transaction documents from home.

26 March 2020
COVID-19: Where to next for airlines and their investors?
www.twobirds.com/en/news/articles/2020/global/covid19-where-to-next-for-airlines-and-their-investors

With fleets around the world grounded, many airlines are facing the unprecedented prospect of either bankruptcy or nationalisation. Our Aviation team takes a look at the long term impact coronavirus will have on the ...

29 July 2020
Sustainable finance in aviation: what does the future hold?
www.twobirds.com/en/news/articles/2020/global/sustainable-finance-in-aviation-what-does-the-future-hold

As sustainability play a greater role in driving investment decisions in the aviation industry, our Aviation Finance team looks at the current position and explores what the future might look like.

22 November 2019
Case notes: Landmark ruling of the Court of Justice of the European Union (CJEU) on validity of airport charges
www.twobirds.com/en/news/articles/2019/global/case-notes-landmark-ruling-of-the-court-of-justice-of-the-european-union

The Court of Justice of the European Union (CJEU) has rendered a landmark decision ruling that airports must not agree with individual airport users preferential airport charges different from those approved by the ...

31 March 2020
KFW emergency liquidity assistance to combat COVID-19
www.twobirds.com/en/news/articles/2020/germany/kfw-emergency-liquidity-assistance-to-combat-covid-19

To combat COVID-19 and its economic impact, German state-owned development bank Kreditanstalt für Wiederaufbau (KfW) has introduced the unlimited “KfW special programme 2020.” We have summarised the programme with ...

03 April 2020
COVID-19: Germany establishes Economic Stabilisation Funds
www.twobirds.com/en/news/articles/2020/germany/covid-19-germany-establishes-economic-stabilisation-funds

To combat the Novel Coronavirus (COVID-19), the German Federal Government is taking a wide array of measures. Revisiting a proven instrument to combat economic upheaval, the government has established a EUR 600 billion ...

25 March 2020
COVID-19: International Restructuring & Insolvency update
www.twobirds.com/en/news/articles/2020/global/covid-19-international-r-and-i-briefing

As the Novel coronavirus (COVID-19) pandemic continues to spread across the globe, people and businesses are facing unprecedented challenges, both immediate and strategic. Governments in various jurisdictions have ...