AWG has released the following statements and guidelines on fundamental aviation financing and leasing items.
Economic sanctions impacting international aviation finance
AWG has published a statement of principles which should be considered in connection with the formulation of any future economic sanctions which may affect the aviation industry. This statement of principles has been prepared as a general policy document.
Guidelines in structured financings with shared security
AWG has prepared guidelines which it recommends in order to provide greater predictability for financiers and investors in situations where multiple classes of debt share in a single security interest over aircraft equipment and related collateral and remedies are being exercised. These guidelines have been prepared by AWG as an elective guidance tool.
Airline restructuring
AWG has issued a statement on guiding principles which it recommends to materially enhance the prospects for a successful airline restructuring. That statement has been prepared by AWG as an elective guidance tool.
These could apply to a voluntary, ad hoc process without the aid of the court proceedings, or through a process involving a plan, scheme of arrangements, or other structure of any kind. That statement has been prepared by AWG as an elective guidance tool.