OUR
PRACTICE
The Firm’s partners and senior lawyers are uniquely suited to lead and deliver bespoke advice on sophisticated and complex structured aircraft leasing and finance deals, hybrid instrument issuances, aviation M&A and equity transactions, often across multiple legal regulations. Domain expertise and working across practice areas makes the team adept at handling contentious matters that typically arise in aircraft security enforcement, distressed debt restructuring and airline insolvency processes, or issues pertaining to securities and general corporate laws.
We advise banks, financial institutions and airlines on regulatory issues in the aviation sector, and assist on interfacing with the RBI. With Mr. G. Padmanabhan (former Executive Director, RBI) & Mr. Arijit Basu (former Managing Director, SBI) on board, our lawyers and clients vastly benefit from the superior insights on regulatory concerns and sector–specific commercial and business nuances. AZB also conducts extensive policy advocacy with regulatory authorities and advises government authorities in drafting sectoral regulations.
WHAT
WE DO
The assistance we offer is truly extensive, from negotiations of term sheets with aircraft lessors, manufacturers and airlines on various commercial, legal and regulatory issues, to closing final documentation for various structured aircraft leasing and financing structures including sale and leaseback arrangements, JOLCOs, orphan SPV and ABS structures.
The team prepares jurisdictional questionnaires and advises clients on setting up operations in India, investment in the sector, including foreign direct investment and operators’ permits.
On the disputes front, we assist lenders and leasing companies strategically on the repossession of aircraft and aircraft engines, drafting documents and regulatory filings for repossession. The team also advises airlines and manufacturers on aircraft heavy and general maintenance contracts, loyalty programmes and general corporate matters.
RECENT WORK HIGHLIGHTS
-
On the acquisition of a substantial stake in Aviators Air Rescue, a helicopter emergency medial services company
-
On its Global Maintenance Agreements with an Indian airline
-
In relation to the leasing of Airbus aircrafts to Indigo
-
On the acquisition of 13.5% in the Mumbai International Airport and its subsequent sale to the GVK group
-
On (i) The leasing and financing of ATR 72-600 aircrafts to Alliance Air and ATR 72-600 aircrafts to Turbo Megha Airways (ii) The repossession of an aircraft from Kingfisher Airlines
-
In relation to security interest perfection and repossession of aircrafts from Kingfisher Airlines
-
On its 54% acquisition in the Bangalore International Airport from the GVK group, Flughafen Zürich and Siemens Project Ventures
-
On multiple aircraft leasing transactions, complex SLBs, lease restructurings and assistance with aircraft repossessions
-
On the Indian law aspects of the financing of aircrafts to Spice Jet and Air India Express by ICBC Financial Leasing, recognised as ‘Best Operating Lease’ by Airfinance Journal - China Awards (2018)
-
On (i) Its leasing and corporate matters (ii) Its IPO on Indian exchanges as underwriters
-
For the Resolution Professional of Jet Airways (India) during its corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
-
On the Indian law aspects of the acquisition, novation, financing and refinancing of Airbus A320 aircrafts on lease to Indigo, recognised as the ‘Aviation Finance Deal of the year 2017’ by the China Business Law Journal
-
On the Indian law aspects of several aircraft leasing and financing transactions with airlines such as Indigo and GoAir
-
On the Indian law aspects of certain aircraft leasing and financing transactions with Indigo
-
On (i) Its investment in a JV with Singapore Airlines, to create the airline ‘Vistara’ (ii) 30% acquisition in ‘Air Asia India’
-
On (i) Its financial lease of a Boeing 787-9 Dreamliner (ii) Regulatory approvals for the structuring of its purchase of Boeing and Airbus A320 family aircrafts
-
On the acquisition of a substantial stake in Aviators Air Rescue, a helicopter emergency medial services company
-
On its Global Maintenance Agreements with an Indian airline
-
In relation to the leasing of Airbus aircrafts to Indigo
-
On the acquisition of 13.5% in the Mumbai International Airport and its subsequent sale to the GVK group
-
On (i) The leasing and financing of ATR 72-600 aircrafts to Alliance Air and ATR 72-600 aircrafts to Turbo Megha Airways (ii) The repossession of an aircraft from Kingfisher Airlines
-
In relation to security interest perfection and repossession of aircrafts from Kingfisher Airlines
-
On its 54% acquisition in the Bangalore International Airport from the GVK group, Flughafen Zürich and Siemens Project Ventures
-
On multiple aircraft leasing transactions, complex SLBs, lease restructurings and assistance with aircraft repossessions
-
On the Indian law aspects of the financing of aircrafts to Spice Jet and Air India Express by ICBC Financial Leasing, recognised as ‘Best Operating Lease’ by Airfinance Journal - China Awards (2018)
-
On (i) Its leasing and corporate matters (ii) Its IPO on Indian exchanges as underwriters
-
For the Resolution Professional of Jet Airways (India) during its corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
-
On the Indian law aspects of the acquisition, novation, financing and refinancing of Airbus A320 aircrafts on lease to Indigo, recognised as the ‘Aviation Finance Deal of the year 2017’ by the China Business Law Journal
-
On the Indian law aspects of several aircraft leasing and financing transactions with airlines such as Indigo and GoAir
-
On the Indian law aspects of certain aircraft leasing and financing transactions with Indigo
-
On (i) Its investment in a JV with Singapore Airlines, to create the airline ‘Vistara’ (ii) 30% acquisition in ‘Air Asia India’
-
On (i) Its financial lease of a Boeing 787-9 Dreamliner (ii) Regulatory approvals for the structuring of its purchase of Boeing and Airbus A320 family aircrafts
-
On the acquisition of a substantial stake in Aviators Air Rescue, a helicopter emergency medial services company
-
On its Global Maintenance Agreements with an Indian airline
-
In relation to the leasing of Airbus aircrafts to Indigo
-
On the acquisition of 13.5% in the Mumbai International Airport and its subsequent sale to the GVK group
-
On (i) The leasing and financing of ATR 72-600 aircrafts to Alliance Air and ATR 72-600 aircrafts to Turbo Megha Airways (ii) The repossession of an aircraft from Kingfisher Airlines
-
In relation to security interest perfection and repossession of aircrafts from Kingfisher Airlines
-
On its 54% acquisition in the Bangalore International Airport from the GVK group, Flughafen Zürich and Siemens Project Ventures
-
On multiple aircraft leasing transactions, complex SLBs, lease restructurings and assistance with aircraft repossessions
-
On the Indian law aspects of the financing of aircrafts to Spice Jet and Air India Express by ICBC Financial Leasing, recognised as ‘Best Operating Lease’ by Airfinance Journal - China Awards (2018)
-
On (i) Its leasing and corporate matters (ii) Its IPO on Indian exchanges as underwriters
-
For the Resolution Professional of Jet Airways (India) during its corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
-
On the Indian law aspects of the acquisition, novation, financing and refinancing of Airbus A320 aircrafts on lease to Indigo, recognised as the ‘Aviation Finance Deal of the year 2017’ by the China Business Law Journal
-
On the Indian law aspects of several aircraft leasing and financing transactions with airlines such as Indigo and GoAir
-
On the Indian law aspects of certain aircraft leasing and financing transactions with Indigo
-
On (i) Its investment in a JV with Singapore Airlines, to create the airline ‘Vistara’ (ii) 30% acquisition in ‘Air Asia India’
-
On (i) Its financial lease of a Boeing 787-9 Dreamliner (ii) Regulatory approvals for the structuring of its purchase of Boeing and Airbus A320 family aircrafts
-
On the acquisition of a substantial stake in Aviators Air Rescue, a helicopter emergency medial services company
-
On its Global Maintenance Agreements with an Indian airline
-
In relation to the leasing of Airbus aircrafts to Indigo
-
On the acquisition of 13.5% in the Mumbai International Airport and its subsequent sale to the GVK group
-
On (i) The leasing and financing of ATR 72-600 aircrafts to Alliance Air and ATR 72-600 aircrafts to Turbo Megha Airways (ii) The repossession of an aircraft from Kingfisher Airlines
-
In relation to security interest perfection and repossession of aircrafts from Kingfisher Airlines
-
On its 54% acquisition in the Bangalore International Airport from the GVK group, Flughafen Zürich and Siemens Project Ventures
-
On multiple aircraft leasing transactions, complex SLBs, lease restructurings and assistance with aircraft repossessions
-
On the Indian law aspects of the financing of aircrafts to Spice Jet and Air India Express by ICBC Financial Leasing, recognised as ‘Best Operating Lease’ by Airfinance Journal - China Awards (2018)
-
On (i) Its leasing and corporate matters (ii) Its IPO on Indian exchanges as underwriters
-
For the Resolution Professional of Jet Airways (India) during its corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
-
On the Indian law aspects of the acquisition, novation, financing and refinancing of Airbus A320 aircrafts on lease to Indigo, recognised as the ‘Aviation Finance Deal of the year 2017’ by the China Business Law Journal
-
On the Indian law aspects of several aircraft leasing and financing transactions with airlines such as Indigo and GoAir
-
On the Indian law aspects of certain aircraft leasing and financing transactions with Indigo
-
On (i) Its investment in a JV with Singapore Airlines, to create the airline ‘Vistara’ (ii) 30% acquisition in ‘Air Asia India’
-
On (i) Its financial lease of a Boeing 787-9 Dreamliner (ii) Regulatory approvals for the structuring of its purchase of Boeing and Airbus A320 family aircrafts
-
On the acquisition of a substantial stake in Aviators Air Rescue, a helicopter emergency medial services company
-
On its Global Maintenance Agreements with an Indian airline
-
In relation to the leasing of Airbus aircrafts to Indigo
-
On the acquisition of 13.5% in the Mumbai International Airport and its subsequent sale to the GVK group
-
On (i) The leasing and financing of ATR 72-600 aircrafts to Alliance Air and ATR 72-600 aircrafts to Turbo Megha Airways (ii) The repossession of an aircraft from Kingfisher Airlines
-
In relation to security interest perfection and repossession of aircrafts from Kingfisher Airlines
-
On its 54% acquisition in the Bangalore International Airport from the GVK group, Flughafen Zürich and Siemens Project Ventures
-
On multiple aircraft leasing transactions, complex SLBs, lease restructurings and assistance with aircraft repossessions
-
On the Indian law aspects of the financing of aircrafts to Spice Jet and Air India Express by ICBC Financial Leasing, recognised as ‘Best Operating Lease’ by Airfinance Journal - China Awards (2018)
-
On (i) Its leasing and corporate matters (ii) Its IPO on Indian exchanges as underwriters
-
For the Resolution Professional of Jet Airways (India) during its corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
-
On the Indian law aspects of the acquisition, novation, financing and refinancing of Airbus A320 aircrafts on lease to Indigo, recognised as the ‘Aviation Finance Deal of the year 2017’ by the China Business Law Journal
-
On the Indian law aspects of several aircraft leasing and financing transactions with airlines such as Indigo and GoAir
-
On the Indian law aspects of certain aircraft leasing and financing transactions with Indigo
-
On (i) Its investment in a JV with Singapore Airlines, to create the airline ‘Vistara’ (ii) 30% acquisition in ‘Air Asia India’
-
On (i) Its financial lease of a Boeing 787-9 Dreamliner (ii) Regulatory approvals for the structuring of its purchase of Boeing and Airbus A320 family aircrafts
-
On the acquisition of a substantial stake in Aviators Air Rescue, a helicopter emergency medial services company
-
On its Global Maintenance Agreements with an Indian airline
-
In relation to the leasing of Airbus aircrafts to Indigo
-
On the acquisition of 13.5% in the Mumbai International Airport and its subsequent sale to the GVK group
-
On (i) The leasing and financing of ATR 72-600 aircrafts to Alliance Air and ATR 72-600 aircrafts to Turbo Megha Airways (ii) The repossession of an aircraft from Kingfisher Airlines
-
In relation to security interest perfection and repossession of aircrafts from Kingfisher Airlines
-
On its 54% acquisition in the Bangalore International Airport from the GVK group, Flughafen Zürich and Siemens Project Ventures
-
On multiple aircraft leasing transactions, complex SLBs, lease restructurings and assistance with aircraft repossessions
-
On the Indian law aspects of the financing of aircrafts to Spice Jet and Air India Express by ICBC Financial Leasing, recognised as ‘Best Operating Lease’ by Airfinance Journal - China Awards (2018)
-
On (i) Its leasing and corporate matters (ii) Its IPO on Indian exchanges as underwriters
-
For the Resolution Professional of Jet Airways (India) during its corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
-
On the Indian law aspects of the acquisition, novation, financing and refinancing of Airbus A320 aircrafts on lease to Indigo, recognised as the ‘Aviation Finance Deal of the year 2017’ by the China Business Law Journal
-
On the Indian law aspects of several aircraft leasing and financing transactions with airlines such as Indigo and GoAir
-
On the Indian law aspects of certain aircraft leasing and financing transactions with Indigo
-
On (i) Its investment in a JV with Singapore Airlines, to create the airline ‘Vistara’ (ii) 30% acquisition in ‘Air Asia India’
-
On (i) Its financial lease of a Boeing 787-9 Dreamliner (ii) Regulatory approvals for the structuring of its purchase of Boeing and Airbus A320 family aircrafts
-
On the acquisition of a substantial stake in Aviators Air Rescue, a helicopter emergency medial services company
-
On its Global Maintenance Agreements with an Indian airline
-
In relation to the leasing of Airbus aircrafts to Indigo
-
On the acquisition of 13.5% in the Mumbai International Airport and its subsequent sale to the GVK group
-
On (i) The leasing and financing of ATR 72-600 aircrafts to Alliance Air and ATR 72-600 aircrafts to Turbo Megha Airways (ii) The repossession of an aircraft from Kingfisher Airlines
-
In relation to security interest perfection and repossession of aircrafts from Kingfisher Airlines
-
On its 54% acquisition in the Bangalore International Airport from the GVK group, Flughafen Zürich and Siemens Project Ventures
-
On multiple aircraft leasing transactions, complex SLBs, lease restructurings and assistance with aircraft repossessions
-
On the Indian law aspects of the financing of aircrafts to Spice Jet and Air India Express by ICBC Financial Leasing, recognised as ‘Best Operating Lease’ by Airfinance Journal - China Awards (2018)
-
On (i) Its leasing and corporate matters (ii) Its IPO on Indian exchanges as underwriters
-
For the Resolution Professional of Jet Airways (India) during its corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
-
On the Indian law aspects of the acquisition, novation, financing and refinancing of Airbus A320 aircrafts on lease to Indigo, recognised as the ‘Aviation Finance Deal of the year 2017’ by the China Business Law Journal
-
On the Indian law aspects of several aircraft leasing and financing transactions with airlines such as Indigo and GoAir
-
On the Indian law aspects of certain aircraft leasing and financing transactions with Indigo
-
On (i) Its investment in a JV with Singapore Airlines, to create the airline ‘Vistara’ (ii) 30% acquisition in ‘Air Asia India’
-
On (i) Its financial lease of a Boeing 787-9 Dreamliner (ii) Regulatory approvals for the structuring of its purchase of Boeing and Airbus A320 family aircrafts
-
On the acquisition of a substantial stake in Aviators Air Rescue, a helicopter emergency medial services company
-
On its Global Maintenance Agreements with an Indian airline
-
In relation to the leasing of Airbus aircrafts to Indigo
-
On the acquisition of 13.5% in the Mumbai International Airport and its subsequent sale to the GVK group
-
On (i) The leasing and financing of ATR 72-600 aircrafts to Alliance Air and ATR 72-600 aircrafts to Turbo Megha Airways (ii) The repossession of an aircraft from Kingfisher Airlines
-
In relation to security interest perfection and repossession of aircrafts from Kingfisher Airlines
-
On its 54% acquisition in the Bangalore International Airport from the GVK group, Flughafen Zürich and Siemens Project Ventures
-
On multiple aircraft leasing transactions, complex SLBs, lease restructurings and assistance with aircraft repossessions
-
On the Indian law aspects of the financing of aircrafts to Spice Jet and Air India Express by ICBC Financial Leasing, recognised as ‘Best Operating Lease’ by Airfinance Journal - China Awards (2018)
-
On (i) Its leasing and corporate matters (ii) Its IPO on Indian exchanges as underwriters
-
For the Resolution Professional of Jet Airways (India) during its corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
-
On the Indian law aspects of the acquisition, novation, financing and refinancing of Airbus A320 aircrafts on lease to Indigo, recognised as the ‘Aviation Finance Deal of the year 2017’ by the China Business Law Journal
-
On the Indian law aspects of several aircraft leasing and financing transactions with airlines such as Indigo and GoAir
-
On the Indian law aspects of certain aircraft leasing and financing transactions with Indigo
-
On (i) Its investment in a JV with Singapore Airlines, to create the airline ‘Vistara’ (ii) 30% acquisition in ‘Air Asia India’
-
On (i) Its financial lease of a Boeing 787-9 Dreamliner (ii) Regulatory approvals for the structuring of its purchase of Boeing and Airbus A320 family aircrafts
-
On the acquisition of a substantial stake in Aviators Air Rescue, a helicopter emergency medial services company
-
On its Global Maintenance Agreements with an Indian airline
-
In relation to the leasing of Airbus aircrafts to Indigo
-
On the acquisition of 13.5% in the Mumbai International Airport and its subsequent sale to the GVK group
-
On (i) The leasing and financing of ATR 72-600 aircrafts to Alliance Air and ATR 72-600 aircrafts to Turbo Megha Airways (ii) The repossession of an aircraft from Kingfisher Airlines
-
In relation to security interest perfection and repossession of aircrafts from Kingfisher Airlines
-
On its 54% acquisition in the Bangalore International Airport from the GVK group, Flughafen Zürich and Siemens Project Ventures
-
On multiple aircraft leasing transactions, complex SLBs, lease restructurings and assistance with aircraft repossessions
-
On the Indian law aspects of the financing of aircrafts to Spice Jet and Air India Express by ICBC Financial Leasing, recognised as ‘Best Operating Lease’ by Airfinance Journal - China Awards (2018)
-
On (i) Its leasing and corporate matters (ii) Its IPO on Indian exchanges as underwriters
-
For the Resolution Professional of Jet Airways (India) during its corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
-
On the Indian law aspects of the acquisition, novation, financing and refinancing of Airbus A320 aircrafts on lease to Indigo, recognised as the ‘Aviation Finance Deal of the year 2017’ by the China Business Law Journal
-
On the Indian law aspects of several aircraft leasing and financing transactions with airlines such as Indigo and GoAir
-
On the Indian law aspects of certain aircraft leasing and financing transactions with Indigo
-
On (i) Its investment in a JV with Singapore Airlines, to create the airline ‘Vistara’ (ii) 30% acquisition in ‘Air Asia India’
-
On (i) Its financial lease of a Boeing 787-9 Dreamliner (ii) Regulatory approvals for the structuring of its purchase of Boeing and Airbus A320 family aircrafts
-
On the acquisition of a substantial stake in Aviators Air Rescue, a helicopter emergency medial services company
-
On its Global Maintenance Agreements with an Indian airline
-
In relation to the leasing of Airbus aircrafts to Indigo
-
On the acquisition of 13.5% in the Mumbai International Airport and its subsequent sale to the GVK group
-
On (i) The leasing and financing of ATR 72-600 aircrafts to Alliance Air and ATR 72-600 aircrafts to Turbo Megha Airways (ii) The repossession of an aircraft from Kingfisher Airlines
-
In relation to security interest perfection and repossession of aircrafts from Kingfisher Airlines
-
On its 54% acquisition in the Bangalore International Airport from the GVK group, Flughafen Zürich and Siemens Project Ventures
-
On multiple aircraft leasing transactions, complex SLBs, lease restructurings and assistance with aircraft repossessions
-
On the Indian law aspects of the financing of aircrafts to Spice Jet and Air India Express by ICBC Financial Leasing, recognised as ‘Best Operating Lease’ by Airfinance Journal - China Awards (2018)
-
On (i) Its leasing and corporate matters (ii) Its IPO on Indian exchanges as underwriters
-
For the Resolution Professional of Jet Airways (India) during its corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
-
On the Indian law aspects of the acquisition, novation, financing and refinancing of Airbus A320 aircrafts on lease to Indigo, recognised as the ‘Aviation Finance Deal of the year 2017’ by the China Business Law Journal
-
On the Indian law aspects of several aircraft leasing and financing transactions with airlines such as Indigo and GoAir
-
On the Indian law aspects of certain aircraft leasing and financing transactions with Indigo
-
On (i) Its investment in a JV with Singapore Airlines, to create the airline ‘Vistara’ (ii) 30% acquisition in ‘Air Asia India’
-
On (i) Its financial lease of a Boeing 787-9 Dreamliner (ii) Regulatory approvals for the structuring of its purchase of Boeing and Airbus A320 family aircrafts
