Voluntary reorganizations and the Cape Town Convention

Clarity provided on relationship between voluntary reorganizations and Cape Town Convention through annotation 1 to the Official Commentary issued by the CTC academic project

 AWG and Aviareto propose c-19 trusted communication facility

AWG and AVIARETO have proposed to ICAO a trusted communication facility, which would, on a voluntary basis, permit and facilitate the use of digitally signed documents and electronically transmitted materials (industry-to-governments and government-to-government) to aid in c-19 return to service

AWG has issued watch-list notices for covid-19 related action, and in connection with insolvencies proceedings, in each case, for purposes of the  CTC compliance index

A chart tracking the watch-list notices can be found here

Visit the CTC compliance index website for more information

GATS digital signature format satisfies FAA policy clarification

FAA issues an opinion concluding that the GATS digital signature satisfies the criteria outlined in the FAA’s 13 April 2016 Notice of Policy Clarification for Acceptance of Documents with Digital Signatures

COVID 19 related action

AWG, in consultation with other affected parties, has since March 2020 taken a range of actions to assist the air transport sector, including airlines, the aviation leasing and financing industry, and the public, in addressing the economic impacts of the spread of COVID 19

AWG establishes working group on Environmental Social & Governance (ESG) and aviation finance

AWG has established a working group to assess, provide information, and potentially take action on, ESG geared to the context of aviation financing and leasing.The foregoing may include the development of metrics, methods, emissions (and CORSIA-related liability) tracking, reporting and documentation and/or principles geared to the context of aviation financing and leasing.

AWG has retained Clifford Chance and Watson Farley Williams as co-counsel to advise AWG, and support its work, on ESG in the context of aviation financing and leasing. KPMG (aviation and sustainable futures group) has also agreed to provide advice to, and support this work of, AWG.