CTC academic project conference hybrid event

The CTC academic conference was held, as one the first ‘hybrid’ events, on 10 – 11 September 2020. Select participants attended at UNIDROIT’s headquarters in Rome, following strict safety procedures, with approximately four hundred others linking in by video. The conference, which is widely seen as the premier CTC-related event, addressed, among other things, CTC compliance including in light of c-19 developments, assessment of CTC and schemes of arrangement, judicial breach of CTC, and European insolvency law and CTC.  The final program is attached.

A picture of the event can be found here.

AWG assesses final details of Carbon Calculator (ESG)

AWG's working group on Environmental Social and Governance (ESG), geared to the context of aviation financing and leasing, is assessing the final details of a potential industry tool for the collection of standardized data, and its analysis under consistent methodology, to calculate carbon emissions of aircraft and aircraft portfolios based on manufacturer data. This ‘AWG Carbon Calculator’ would calculate emission based on standard aircraft configurations, typical utilization and stage lengths. That assessment is on-going, and a decision on whether to launch it will be made in Fall 2020.

MUFG and GA Telesis join AWG

MUFG and GA Telesis join AWG

Cross-border insolvencies and the Cape Town Convention

Clarity provided on select aspects of the relationship between cross-border insolvencies and Cape Town Convention through annotation 2 to the Official Commentary issued by the CTC academic project

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

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

The Global Aircraft Trading System (GATS) platform went live on 1 June 2020

The Global Aircraft Trading System (GATS) platform went live on 1 June 2020