Aircraft Transaction Experience
The firm has advised on a wide range of complex, high-value aviation transactions involving multiple jurisdictions and financing structures.
Overview
- Cathay Pacific – Part of a US$2.2 billion acquisition of 20 Airbus A330 aircraft; sale and financing using Japanese, French, and German leveraged lease structures.
- Air Canada – Acquisition of Airbus A320 aircraft including German leveraged leases and the first US Pickle-Dole lease structure utilising US equity investor tax exemptions.
- Malaysia Airlines – Islamic securitisation of aircraft rental payments; lease receivables securitised to issue bonds.
- EgyptAir – Acquisition of Airbus A330-300 aircraft through a combined loan and lease structure.
- Garuda Indonesia – Advisory work relating to default and asset recovery issues.
- Emirates – Sale of Rolls-Royce Trent engines secured by a mortgage over new Boeing 777 aircraft.
- Flynas – Lease of two aircraft; advised on Saudi Arabian law implications, including IDERA-related considerations.
This experience positions THS & Co as a key advisor in aviation finance, with the ability to structure innovative and commercially viable solutions.