India > Aviation
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Aviation: New Delhi
Bhasin & Co is recognised across the market for its aviation expertise, which it provides for a client base consisting largely of domestic carriers. Lalit Bhasin has a wealth of experience in the sector.
Luthra & Luthra regularly acts for a number of important players in the industry, and is praised for its ‘good relationship’ with the regulatory authorities. The firm advises clients on aircraft purchase contracts, aircraft financing transactions and syndicated loan agreements in relation to cross-border aircraft financing.
Experienced managing partner Atul Sharma heads the team at Link Legal, which assists clients on all aspects of aviation matters. Partners Anand Srivastava and Ajay Sawhney recently advised Spicejet on the negotiation and finalisation of the legal documentation for the purchase, sale and leaseback of 27 Boeing 737-800 aircraft.
Rajinder Narain & Co. Legal LLP draws its aviation sector strength from the formidable reputation of Ravi Nath, who has extensive experience in the area, and recently handled a number of significant cross-border aircraft financing by US and Indian banks. The firm also advises on the leasing of aircraft to Indian entities.
Seth Dua & Associates has developed a strong defence, aerospace and aviation projects practice, and has advised a number of international defence companies on issues relating to Indian Defence Procurement and Tender laws. In addition, the firm counts the SAAB Group (a leading high-tech defence, aviation and aerospace company) as an ongoing client, which it advised on various Indian projects in 2012.
A ‘business-oriented firm of the highest ethical calibre’, Walia & Co Law Offices focuses on aviation matters for clients such as Fedex and General motors. Ranjit Walia has ‘unsurpassed aviation regulatory skills’. Renuka Singh is also recommended.
Dua Associates has a strong reputation in the industry and maintains a good relationship with the International Foundation for Aviation & Development, as well as the Ministry of Civil Aviation. Ranjana Kaul is a key partner in the area.
I.L.A. Pasrich & Company handles aviation disputes, corporate advisory work, consumer law, regulatory & compliance work and leasing matters for a client base that includes a number of international carriers.
Kochhar & Co has continued to develop its aviation practice since securing one of the largest Indian public sector companies, Hindustan Aeronautics (the sole manufacturer and research and development arm of the Aeronautical Development Agency of the government of India), as a client. Highlights included advising it on agreements relating to defence procurement in India.
Index of tables
Desai & Diwanji’s ‘able and high-profile’ team is led by Vihang Virkar, and offers ‘the full package in aviation matters’, with ‘comprehensive’ and ‘end-to-end’ knowledge of the sector. It advised GoAir on its $7.2bn acquisition of 72 new Airbus aircraft.
Gagrats' ‘extremely active’ team is gaining much attention in the market, and has a specialism in the outbound leasing of Indian aircraft. It acted for key client Jet Airways (India) on the lease of aircraft from Bank of China’s Irish-domiciled special purpose vehicle, and advised the same client on the sale and leaseback of aircraft. Rustam Gagrat is recommended.
Mulla & Mulla & Craigie Blunt & Caroe counts Air India as a key client, and has extensive experience in the sector, with particular strengths in licensing, financing and dispute resolution. Hoshang Nanavati is the key name.
Sameer Tapia’s team at ALMT Legal advised an international airline in an appeal before the Competition Appellate Tribunal, and in writ petitions at High Court level. It also acted for a leading airline on regulatory reporting requirements. Ananjan Mitter is recommended.
Luthra & Luthra’s team acts on financings, capital raisings, and debt restructurings for clients. It advised Air India on the worldwide appointment of general sales agents for their passenger ticketing operations, and is advising a large Indian bank on the proposed financing for the purchase of a Bombardier aircraft. Aniket Sengupta is recommended.
Aviation is a core part of Tyabji Dayabhai’s practice, which acts principally for foreign lessors such as Export Development Canada and US EXIM. It has acted on several sale and leaseback deals with Jet Airways, as well as on AWAS’s lease of four aircraft to IndiGo. Nimish Vakil is a ‘solid and dependable’ name in the market.
AZB & Partners’ Zia Mody and Aswin Ramanathan are recommended, and have acted on aviation refinance matters.
M.V.Kini & Co expertise includes aircraft, airport and aerospace laws and regulations. Ravi Kini is recommended.