Aviation Finance and Leasing
Our Aviation Finance and Leasing practice comprises a deep bench of nationally and internationally recognized senior lawyers adept at guiding deal participants through complex domestic, cross-border, and multijurisdictional transactions. Our extensive and longstanding relationships with key players in the aviation market (leading commercial and investment banks and other financial institutions, airlines, aircraft operating lessors, aircraft and engine manufacturers and their leasing/finance subsidiaries, private equity, and hedge funds) enable us to bring intimate knowledge and a deep understanding of global markets to assist aviation sector clients with their domestic and international transactions.
Experience Highlights
-
Spirit AeroSystems, Inc. in its public offering of $300 million of senior unsecured notes due 2020 and a related tender offer for outstanding notes, Spirit’s first investment grade offering.
-
Los Angeles City Council in serving as lead trial counsel advising it on a $250 million settlement to return Ontario International Airport to Inland control, ending an ongoing battle regarding the airport's operation.
-
Veling Ltd., a niche aircraft leasing company, in its partnership with private equity firm Flexpoint Ford to provide it with equity capital to support the purchase and leaseback of more than $1 billion of commercial aircraft to high-quality airlines over two years.
-
Wheels Up, a membership-based private aviation company, on a new capital round of up to $115 million led by funds and trusts managed by T. Rowe Price.
-
Wheels Up, a membership-based private aviation company, in strategic negotiations to exercise its first option to purchase an additional 35 King Air 350i turboprop aircraft from its initial order of 35 aircraft placed with Beechcraft Corporation.
-
Owners of 328 Group Limited in the successful sale of its aviation companies to Sierra Nevada Corporation.
-
Wheels Up, a membership-based private aviation company, in its placement of a nearly $1.4 billion order—believed to be largest general aviation propeller-driven aircraft order in history—with newly reorganized Beechcraft Corp., formerly Hawker Beechcraft.
-
Comair Limited in its structured debt financing of three new Boeing 737 800 aircraft.
Recognition
-
The Legal 500 USTransport: Aviation and Air Travel—Finance (2018–2020)