Blakes lawyers are experienced with commercial aircraft and engine acquisitions/dispositions, operating leases, cross-border leveraged and finance leases, export-credit financings and aviation loans and mortgages. We frequently advise on, and negotiate, conditional sales, sale/leasebacks, manufacturer-supported sales and financings, pre-delivery payment financings, public debt and equity, and commercial paper financings.
We also advise and negotiate with regards to securitizations, aircraft lease novations, aircraft warehouse financing arrangements, and aircraft portfolio purchases and sales. Several innovative financing and security structures that we have developed are now current market practice in Canada.
Our clients include buyers, sellers, operators, financiers, managers and charterers of business and general aviation aircraft.
Most of our aircraft financing clients are large multinational corporations based outside of Canada, including many of the world’s largest manufacturers, financiers and lessors of airframes and aircraft engines. In 2017, Blakes was appointed as global external counsel to the Aviation Working Group (AWG), a leading industry association comprised of most major aviation manufacturers, financial institutions and leasing companies.