Milbank Aviation Finance

Milbank Aviation Finance

Milbank’s Aviation Finance practice is a globally recognized leader in providing legal counsel to participants across the aviation industry, including airlines, lessors, manufacturers, financiers, and export credit agencies. Their expertise encompasses a wide range of financing structures and transactions, cementing their position as a go-to firm for complex and innovative deals. A significant strength of Milbank’s aviation finance team lies in its deep understanding of the commercial and regulatory landscapes that govern the aviation sector. This allows them to provide practical and effective legal advice that takes into account the unique challenges and opportunities faced by their clients. They routinely advise on operating leases, finance leases, secured loans, export credit agency (ECA) financings, and capital markets transactions. They are adept at navigating the intricacies of these structures, ensuring their clients achieve their commercial objectives while mitigating risk. One area where Milbank excels is in advising on aircraft leasing transactions. With a deep bench of experienced lawyers, they represent both lessors and lessees in a variety of leasing arrangements, from traditional operating leases to more complex structured finance transactions. Their experience includes cross-border leases, sale-leasebacks, and portfolio acquisitions and disposals. Milbank understands the nuances of lease agreements and provides valuable guidance on issues such as maintenance obligations, insurance requirements, and default remedies. Another crucial aspect of Milbank’s practice is its experience with export credit agency (ECA) financings. ECAs play a critical role in supporting aircraft purchases, particularly for airlines in emerging markets. Milbank’s lawyers have extensive experience advising on transactions involving ECAs such as Export-Import Bank of the United States (Ex-Im Bank), the European export credit agencies, and other governmental bodies. They understand the specific requirements and procedures of these agencies and can help clients navigate the complexities of ECA-backed financings. Milbank’s involvement extends beyond traditional financing structures. They are also at the forefront of advising on innovative financing solutions, such as enhanced equipment trust certificates (EETCs) and other capital markets transactions. They understand the intricacies of these instruments and can help clients structure and execute complex deals that meet their specific financing needs. The firm’s global reach is another key differentiator. With offices in major financial centers around the world, including New York, London, and Singapore, Milbank is well-positioned to serve clients in all regions. This global presence allows them to provide seamless legal advice on cross-border transactions and navigate the legal and regulatory differences across jurisdictions. In conclusion, Milbank’s Aviation Finance practice provides comprehensive legal services to a diverse range of clients in the aviation industry. Their deep industry knowledge, expertise in a wide range of financing structures, and global reach make them a leading firm in this specialized area of law. They are known for their ability to handle complex and innovative transactions, helping clients achieve their financial goals in a dynamic and challenging market.

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