Our aviation team is at the forefront of the industry. With almost 40 years’ experience in the aviation sector, Watson Farley & Williams has an industry-recognised practice that is able to provide specialist advice on a broad range of aviation matters.
WFW are the creators of GARI, a freely available online tool for the aviation industry that provides a comparative index of the restructuring processes in over 25 key aviation jurisdictions. GARI also provides a ‘debtor friendliness’ and ‘creditor friendliness’ score to each restructuring procedure allowing for easy comparison across different procedures in the same or multiple jurisdictions.
WFW’s aviation team has a world-class reputation and comprises leading lawyers with a thorough understanding of the latest developments in the sector. The team have advised on many of the industry’s award-winning and high-profile transactions in the industry, including all of the major airline restructurings since the onset of Covid-19, all European slots financings to date and many of the so-called “big bang” financings.
We are advising the Aviation Working Group (AWG), a
consortium of 37 leading banks, lessors and manufacturers in aviation, on the
two biggest developments in the aircraft finance and leasing industry for the
past 10 years – the development of environment, social and governance (ESG)
principles for the aviation industry and the design and build of the Global
Aircraft Trading System (GATS).
Watson Farley & Williams are launching their eagerly awaited Global Aviation Restructuring Index (GARI) during this session, an online tool that will provide a comparative index of the restructuring processes in over 25 key aviation jurisdictions. GARI provides a ‘debtor friendliness’ and 'creditor friendliness’ score to each restructuring procedure allowing for easy comparison across different procedures in the same or multiple jurisdictions. This is an incredibly timely product that will be freely available for the aviation industry.