Global Aviation Finance Group

Our team advises on the laws of For bankruptcy-remote orphan RELATED SERVICES , the British Virgin structures we partner with experienced corporate service providers who are ⁄ Banking Islands, the , recognised as leaders in the aviation ⁄ Structured Finance and and from our sector. We provide a “one-stop” solution Securitisation global network of nine offices. that gives our clients seamless access to ⁄ Investment Funds We assist our clients in leading global fiduciary and corporate ⁄ Islamic Finance structuring cross-border aviation services platforms. ⁄ Joint Ventures finance transactions and ⁄ Corporate Regulation and establishing leasing platforms Compliance and investment vehicles, with ⁄ Corporate Structuring capability in both commercial and corporate aircraft. 9/10 Our lawyers advise on all types of debt, We advise 9/10 of the equity, lease, export credit, PDP, world’s largest banks. FOLLOW US insurance-backed and capital markets deals, including ABS and EETC issuances. To find out more, please contact We act for banks and other financial Our team also advises on Cape Town one of the lawyers listed overleaf institutions, lessors, airlines, export credit Convention issues, aircraft registration or visit careyolsen.com agencies, manufacturers, funds, leasing (both temporary and permanent), and companies and individuals. AOC applications and other regulatory matters. “ Richard Munden is very strong “ Exceptional service backed by on the finance side, especially excellent industry knowledge.” in regard to his high-quality practice in aircraft finance. The Legal 500

He joined Carey Olsen from We are trusted advisers to our clients in Walkers towards the end of the aviation financing and leasing 2018.” sector. The Carey Olsen team has onshore private practice and industry Chambers and Partners aviation experience and is supported by our investment funds and structured finance groups.

OFFSHORE LAW SPECIALISTS

BERMUDA CAYMAN ISLANDS GUERNSEY JERSEY CAPE TOWN HONG KONG LONDON careyolsen.com Our recent experience advising the aviation sector

Aircraft acquisition, finance and leasing “ Their advice is always Acted for a European leasing company with respect to the acquisition delivered within a of one Boeing 777-300ER aircraft from another European leasing company, and the lease of the aircraft to an airline in the Middle East. broader commercial context.” Advised a major global bank with respect to credit facilities for a government-owned airline to finance three aircraft. The Legal 500

Acted for a Middle Eastern leasing company with respect to the sale of a portfolio of seven aircraft to a US leasing company including the “ Fully engages with the re-financing of existing credit facilities and the novation of leases to three airlines. complexity of transactions and Acted for an Asian export credit agency with respect to the agency- supported financing of one Airbus A320 aircraft. actively seeks solutions to problems.” Acted for a Middle Eastern leasing company in respect of the financing of one Airbus A321 aircraft and a pre-delivery payments facility for The Legal 500 Airbus A330 aircraft.

Acted as Cayman counsel to the leasing company in respect of the “ Carey Olsen is the best financing for one new Airbus A321LR neo to be leased to an airline in offshore law firm, both the Middle East. in terms of service and Investment funds for technical capability Advised a leading aircraft acquisition and leasing investment company and drafting.” on the successful completion of its IPO on the Specialist Fund Segment of the London Stock Exchange (LSE). IFLR1000

Advised Falko Regional Aircraft Limited, a market leading aircraft operating leasing and asset management company, on the launch “ You name it, they do it. and final closing of Falko Regional Aircraft Opportunities Fund II at They have a very good US$650 million. The fund makes equity investments in new and used regional aircraft leased globally. team.”

Chambers and Partners Advised a leading aircraft acquisition and leasing investment company on its successful IPO on the Specialist Fund Segment of the LSE and its debt financing of four Airbus A380 aircraft. “ They have a very Regulatory international Acted for a Caribbean airline with respect to the commencement of perspective in their flights to the Cayman Islands - including applications for required business and are well permits from the CAACI and license from other relevant authorities in order to conduct business in the Cayman Islands. connected in the major economies and Acted for a start-up regional airline in the Caribbean on a range of matters - including preparing for its application for an Aircraft finance centres.” Operators Certificate (AOC) from the Civil Aviation Authority of the Chambers and Partners Cayman Islands (CAACI).

Assisted a Canadian operator in connection with the process of obtaining a 2-REG Air Operators Certificate. Key contacts

For further information and/or professional advice please contact our lawyers below: CAYMAN ISLANDS CAYMAN ISLANDS CAYMAN ISLANDS CAYMAN Cayman Islands law Cayman Islands law Cayman Islands law

Richard Munden Dylan Wiltermuth Hannah Diss Partner Counsel Associate D +1 345 749 2026 D +1 345 749 2010 D +1 345 749 2044 E [email protected] E [email protected] E [email protected]

Richard advises on a wide range of Dylan’s practice focuses on corporate Hannah is an associate in the corporate corporate and finance transactions with finance, securities, public and private group of Carey Olsen in the Cayman particular expertise in aviation finance, M&A, and corporate restructurings. He Islands, advising on a range of including ABS and EETC transactions, specialises in structured finance, debt corporate and finance matters, with a and other asset finance matters. He also capital markets transactions including particular focus on aviation and asset specialises in financing for hedge funds ABS and infrastructure finance finance transactions. and private equity funds, debt capital transactions. market transactions, equity issues and Career joint venture and shareholder He has spent many years advising Hannah trained and qualified into the arrangements across a wide range of clients on complex cross-border aviation finance team at Dentons in industries. transactions across a wide range of jurisdictions. London, where she undertook a dual- language secondment to their Abu Career Dhabi office. She has broad experience Career Richard joined Carey Olsen in 2018 and acting for lessors, OEMs, lessees and has practised in the Cayman Islands Having trained and qualified at financiers in a range of cross-border since 2008. He previously worked as a Freshfields in London and New York, transactions, including pre-delivery partner at another offshore law firm in Dylan was also with Kirkland & Ellis in payment and export credit financing, the Cayman Islands where he headed London before relocating to the operating and financing leases up the asset finance practice. Cayman Islands in 2013 and joining an (including JOLCOs), portfolio transfers offshore law firm. and fleet restructuring. Prior to moving to the Cayman Islands, he was general counsel and Head of Dylan graduated from Bond University Hannah is a member of the Fleet of Vueling Airlines, responsible for with first class honours in Law. He was International Aviation Women’s leading the airline’s aircraft finance and admitted as a solicitor of the Supreme Association (IAWA) and holds the CISI leasing program and manufacturer Court of Queensland in 2008, as a Islamic Finance Qualification (IFQ). negotiations. Before his in-house role solicitor of the Supreme Court of Richard was part of the finance group England and Wales in 2012 and as an Hannah graduated with an MA in at Freshfields Bruckhaus Deringer in attorney-at-law in the Cayman Islands Oriental Studies (Arabic and Russian) London and Madrid. He specialized in in 2013. from Trinity College, University of cross-border asset finance, bilateral Cambridge, and an LLB from the and syndicated lending and project University of Law in London. She was finance for clients including banks, admitted as a solicitor of the Supreme airlines, leasing companies and other Court of England and Wales in 2014 and large corporates. as an attorney-at-law in the Cayman Islands in 2018. Richard was admitted as a solicitor of the Supreme Court of England and Wales in 1999 and as an attorney in the Cayman Islands in 2008.

3 ⁄ Global Aviation Finance Group careyolsen.com Key contacts

For further information and/or professional advice please contact our lawyers below: BVI BERMUDA GUERNSEY

Bermuda law BVI law Guernsey law

Mary Ward Clinton Hempel Russell Clark Partner Partner Partner D +1 441 542 4507 D +1 284 394 4030 D +44 (0)1481 732049 E [email protected] E [email protected] E [email protected] JERSEY GUERNSEY HONG KONG HONG

Guernsey law Bermuda, BVI, Cayman Islands law Jersey law

Ruth Abernethy James Webb Peter German Senior Associate Partner Partner Admitted in England & Wales D +852 3628 9012 D +44 (0)1534 822372 D +44 (0)1481 741550 E [email protected] E [email protected] E [email protected] JERSEY SINGAPORE

Jersey law Bermuda, BVI, Cayman Islands law

Daniel O’Connor Anthony McKenzie Partner Partner D +44 (0)1534 822 249 D +65 6911 8311 E [email protected] E [email protected]

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4 ⁄ Global Aviation Finance Group careyolsen.com