Aviation

The past decade has been a difficult one for the aviation industry. Enhanced security requirements, rising fuel costs, environmental concerns, aging fleets that require replacement, and frequent labor disputes have all conspired to squeeze margins, cause bankruptcies, or prompt consolidation. Corporate aviation is subject to these same pressures, with the additional challenge that the down economy and public opinion have conspired to dampen the market for private planes, pushing down prices for general aviation aircraft.

Lawyers in McGuireWoods’ aviation practice have broad experience in the aviation industry. We represent equity investors, lenders, agents, lessors, lessees, and borrowers in aircraft financing transactions, purchasers and sellers of general aviation and commercial aircraft and engines, general aviation aircraft owners, commercial airlines, and aircraft and engine manufacturers.

We assist our aviation clients in the following areas:

  • Acquisitions and sales of portfolios of leases and loans, as well as individual transactions
  • Purchases and sales of general aviation and commercial aircraft and engines
  • Financing transactions:
    • domestic and cross-border leveraged leases
    • capital, operating, synthetic and true leases
    • loans in syndicated and single-investor structures
    • progress payment financing
  • Structuring ownership and use of general aviation aircraft to comply with the Federal Aviation Regulations
  • Management and pilot services agreements for general aviation aircraft
  • Tax advice related to sales and use taxes, federal excise tax and 1031 like-kind exchanges
  • Restructuring and insolvency issues, including foreclosures, disputes and repossessions
  • Public affairs
  • Export of aircraft and engines abroad
Transportation-Aviation

CONTACTS

Patricia F. Hosmer Partner T: +1 704 373 8984
Results 1-16 of 16
Representative Matter

International Communications Group, Inc.

Representation of International Communications Group, Inc., a leading provider of satellite-based global voice and data communication products and services for the aviation industry, in its sale to Rockwell Collins, Inc.
Representative Matter

Wood Creek Adds 37 Aircraft to Portfolio

Representation of Wood Creek Management, LLC in its $750 million acquisition of Genesis Funding Limited from AerCap International Bermuda, Ltd.
Representative Matter

Bid Protests

Led a bid protest effort on behalf of an air traffic control manufacturer by successfully protesting a multiyear award to the client’s competitor, initiating recovery of attorney fees pursuant to federal law and overturning more than a decade of anti-competitive procurement activity by the FAA.
Representative Matter

Manufacturer of aircraft support equipment

Represented manufacturer of aircraft support equipment in international distribution agreement.
Representative Matter

Aerospace company

Representation of an aerospace company in a grand jury investigation of one of its major defense contracts.
Representative Matter

Commercial airline

Represented equity interests of a commercial airline in the leveraged lease of six Embraer EMB-120 aircraft using Brazilian export guaranty facilities.
Representative Matter

Company

Representation of company in three like-kind-exchange transactions aggregating approximately $66 million involving aircraft.
Representative Matter

Equity investors

Represented equity investors’ in transfer of their interest in several aircraft leveraged lease transactions, including the assignment of their tax indemnity claims in connection with lessee’s bankruptcy.
Representative Matter

Helicopter simulator producer

Assist a local producer of certified or certifiable helicopter simulators in the roll out of its global distribution network.
Representative Matter

Lender company

Regularly represent lender in connection with loans secured by corporate aircraft.
Representative Matter

Lender company

Represent lender in connection with $14 million loan secured by two corporate aircraft registered in Hong Kong.
Representative Matter

Lessor company

Represent lessor in connection with single investor tax leases for corporate aircraft.
Representative Matter

Major aircraft manufacturer

Represented major aircraft manufacturer with regard to aircraft leases in Abu Dhabi.
Representative Matter

Purchasers and sellers

Regularly represent purchasers and sellers in connection with purchases and sales of corporate aircraft.
Representative Matter

US Airways Group, Inc.

Representation of US Airways Group, Inc. as Chapter 11 debtor.
Representative Matter

Walker Aviation

Representation of Walker Aviation on its buy-out from Walker Steel as part of the sale of Walker Steel to British Steel, at that time, at circa £300 million, the largest private company sale in the UK.
Results 1-16 of 16
Thomas William Bruno Thomas William Bruno
Associate
Gateway Plaza
800 East Canal Street
Richmond, VA 23219-3916

T: +1 804 775 1853
F: +1 804 440 7731
vCard
Douglas M Foley Douglas M. Foley
Partner
2001 K Street N.W.
Suite 400
Washington, DC 20006-1040

World Trade Center
101 West Main Street
Suite 9000
Norfolk, VA 23510-1655

T: +1 202 857 1720
F: +1 202 828 3301
vCard

T:+1 757 640 3715
F: +1 757 640 3957

Charles Hampton Charles B. Hampton
Partner
JPMorgan Chase Tower
600 Travis Street
Suite 7500
Houston, TX 77002-2906

T: +1 713 353 6683
F: +1 832 214 9936
vCard
Patricia F Hosmer Patricia F. Hosmer
Partner
201 North Tryon Street
Suite 3000
Charlotte, NC 28202-2146

T: +1 704 373 8984
F: +1 704 373 8935
vCard
Preston J Hurrell Preston J. Hurrell
Counsel
201 North Tryon Street
Suite 3000
Charlotte, NC 28202-2146

T: +1 704 343 2328
F: +1 704 353 6146
vCard
Dale Mullen Dale G. Mullen
Partner
Gateway Plaza
800 East Canal Street
Richmond, VA 23219-3916

T: +1 804 775 4710
F: +1 804 698 2098
vCard
Steven Ongena Steven Ongena
Partner
rue des Colonies 56 - box 3
1000 Brussels

T: +32 2 629 42 28
F: +32 2 629 42 22
vCard
Anna L Reimers Anna L. Reimers
Counsel
201 North Tryon Street
Suite 3000
Charlotte, NC 28202-2146

T: +1 704 373 8094
F: +1 704 353 6205
vCard
photo of Peter Szurley Peter S. Szurley
Partner
Two Embarcadero Center
Suite 1300
San Francisco, CA 94111-3821

T: +1 415 844 1942
F: +1 415 844 1931
vCard
Results 1-1 of 1
Legal Alert

Still Up in The Air

The European Commission Proposes Revised Scope of Regulation for Aviation Sector GHG Emissions

October 31, 2013
Results 1-1 of 1