Next Generation Partners

Aviation in Indonesia

ABNR Counsellors at Law

ABNR Counsellors at Law advises clients across the full range of financing, leasing, and aviation-related projects, with the firm’s more recent focus being in advising lessors, manufacturers, and related vendors on major restructuring and insolvency mandates in the aviation sector. Drawing on the firm’s strengths across corporate, finance, and disputes, the team is well-placed to advise its predominantly lessor and financing clients on the full range of their aviation-related work. The highly experienced Emir Nurmansayah, whose work cuts across financing, lease agreements, and insolvency-related matters, leads on the firm’s work in this space. He works alongside foreign counsel Gustaaf Reerink, whose broad practice is deployed to handle aviation issues on behalf of international firms; and Nurdin Adiwibowo, who uses his financial expertise to assist his aviation clients on financing and sale transactions. Senior associate Reynard Kevin Munando is also a key contact for aviation work.

Practice head(s):

Emir Nurmansyah


Other key lawyers:

Gustaaf Reerink; Nurdin Adiwibowo; Reynard Kevin Munando


Key clients

Airbus SAS


Avolon Aerospace


Standard Chartered Bank


Macquarie AirFinance


China Merchants Bank Leasing Co., Ltd


Rockwell Collins Inc.


B/e Aerospace (UK) Limited


Castlelake


Airbus Atlantic


Air Lease Corporation


Work highlights


  • Represented numerous aircraft and engine lessors, manufacturers, vendors and other key creditors in the USD 9.9-billion court-sanctioned debt restructuring of PT Garuda Indonesia (Persero) Tbk.
  • Advised BNP Paribas Credit Agricole Corporate and Investment Bank and Societe Generale on their financing to the Indonesian government for the purchase of six Rafale fighter jets.
  • Representing 6 aircraft lessors for the submission of claims against Indonesian airline PT Sriwijaya Air, which is currently undergoing a USD 530-million debt restructuring.

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners is primarily focussed on disputes in the aviation space, covering cases relating to tort claims brought by passengers, allegations of cartel made by the KPPU, and contract breaches. The firm also has capabilities in relation to complex restructuring and insolvency-related mandates, with experience advising major carriers in their high-profile insolvency proceedings. Eri Hertiawan leads on the firm’s aviation work and, being the co-head of the firm’s disputes practice, has particular expertise in disputes involving airline clients. Ibrahim Sjarief Assegaf, as head of banking, finance, and projects work, is active in relation to insolvency proceedings in this space, and senior associate Alvin Ambardy, besides his predominantly arbitration-based practice, is similarly of note for his work relating to insolvency matters.

Practice head(s):

Eir Hertiawan


Other key lawyers:

Ibrahim Sjarief Assegaf; Alvin Ambardy


Key clients

PT Garuda Indonesia (Persero) Tbk


PT Angkasapura II


PT Angkasa Pura I


PT Citilink Indonesia


PT Indonesia Airasia Extra


Work highlights


  • Assisted PT Garuda Indonesia (Persero) Tbk., in the proposed restructuring of all its financial and trade debts and aircraft leases, valued at IDR146.85 trillion.
  • Advising PT Angkasa Pura I, a state-owned enterprise which provides air traffic services and business airports, on its restructuring process valued at IDR 23.46 trillion.

Hanafiah Ponggawa & Partners – Dentons HPRP

Hanafiah Ponggawa & Partners – Dentons HPRP covers the full spectrum of work in the aviation sector, with proven capabilities in financing, repossession, sales and leasing, and disputes. The team’s recent track record heavily features major restructuring work and other mandates related to insolvency in the aviation sector, advising a number of major lessors and financial bodies in their issues arising from the recent difficulties faced by the industry. Andre Rahadian co-heads the practice with a long-standing reputation in this space, with his more recent work relating to advice to aviation start-ups. Hendra Ong is the other co-head, being of note for his established capacity to handle a diverse range of transactional, restructuring, and repossession mandates for his aviation clients, much like other lawyer of note, senior associate Ken Atyk Nastiti.

Practice head(s):

Andre Rahadian; Hendra Ong


Other key lawyers:

Ken Atyk Nastiti


Testimonials

‘The team’s dedication to excellence, deep industry knowledge, and innovative approach truly set them apart. Their strengths lie in their comprehensive understanding of aviation regulations, seamless collaboration, and a commitment to staying at the forefront of technological advancements in the industry.’

‘The individuals I’ve had the privilege to work with truly stand out for their exceptional legal acumen, industry insights, and client dedication. Their ability to provide practical solutions to complex issues is a key differentiator.’

‘Hendra Ong brings extensive experience and a deep understanding of aviation law.’

Key clients

Aercap


Pacific Air Holding


Cessna Finance Export Corporation


Chailease International Financial Services Co. Ltd.


Airmark Aviation (S) Pte. Ltd.


SMBC Aviation Capital Limited


TR Capital Management LLC


Goshawk Aviation Limited


KDAC Aircraft Holding 3 Limited


Minsheng Commercial Aviation (Ireland) Company Limited


PT Express Cargo Airlines


Work highlights


  • Assisted PT Express Cargo Airlines in its Establishment as a New Indonesian Cargo Airline.

TNB & Partners in association with Norton Rose Fulbright

TNB & Partners in association with Norton Rose Fulbright advises financiers and lessors in the aviation sector in relation to asset finance matters, handling a range of work relating to aircraft leasing, repossession, and suspension of payment obligations. The firm has recently been active in handling restructures of existing lease agreements, and is otherwise noted for its strong relationships with regulators in this space. The firm leverages its alliance with Norton Rose Fulbright and its global footprint to enhance its cross-border capabilities in handling this work. Practice head Tasdikiah Siregar applies her expertise in the banking and finance sector to advise clients on aviation asset finance mandates, much like associate Wira Saputra draws upon his litigation experience in his work in the aviation space.

Practice head(s):

Tasdikiah Siregar


Other key lawyers:

Wira Saputra


Testimonials

‘The team is very proactive in solving our issues. In addition, the team is well-informed in the Indonesian market and is always ready to provide advice on queries related to the Indonesian aviation practices.‘

Key clients

BOC Aviation


AerCap


Merx Aviation Servicing Limited


JSA International U.S. Holdings, LLC


BBAM


Regional One


Carlyle Aviation Management Limited


Dubai Aerospace Enterprise (DAE) Ltd


Work highlights


  • Assisted a client in the lease and delivery of 8 Airbus A320-200 aircraft to a newly established Indonesian operator.
  • Advised and represented a client in the Suspension of Payment Obligation of PT Garuda Indonesia (Persero) Tbk.

Mochtar Karuwin Komar

Mochtar Karuwin Komar focuses on advising international lessors and financiers in their aviation mandates, with the firm’s main area of activity being in relation to aircraft lease transactions. The team has wider capabilities in handling regulatory matters, advising on the registration and de-registration of aircraft, and acting for clients on the termination and replacement of existing lease agreements. Enny Purnomo Widhya heads the firm’s work in this arena, bringing her broad corporate and finance practice to this sector where she is noted for her expertise in aircraft financing.

Practice head(s):

Enny Purnomo Widhya


Key clients

CDB Aviation


Work highlights


  • Advising and representing CDB Aviation to act as its Indonesian counsel in the new delivery of ten (10) A320-200 to PT Super Air Jet.

Nurjadin Sumono Mulyadi & Partners

Nurjadin Sumono Mulyadi & Partners has capabilities in handling the full range of aviation mandates for clients, across aircraft leasing and financing, to airport-related mandates and disputes within the sector. Environmental law in the aviation arena is a new area of focus for the firm, assisting clients in the air transport industry and related businesses on emissions and carbon trading. Iwan Nurjadin heads the team as the firm’s managing partner, combining his sector expertise with a broad practice that encompasses M&A, foreign direct investment, and a range of other corporate matters.

Practice head(s):

Iwan Nurjadin


Key clients

Carlyle Aviation Partners Ltd


PT BBN Airlines Indonesia


PT Rimbun Abadi Aviasi


AER Leasing Corp.


Chelsea Green Aviation Limited


PT Mitra Dana Lestari and PT Pelindung Alam Nusantara


SGQ Indonesia


PT Cashlez Worldwide Indonesia Tbk


Work highlights


  • Advised Carlyle Aviation Partners in the Garuda Indonesia Postponement of Debt Payment Obligation with the claim amounting to USD 78,788,164.79.
  • Assisted a client in the novation and intergroup transaction to 2different Indonesian operators.
  • Advised PT Rimbun Abadi Aviasi in the lease of aircraft with transaction value of USD 17,760,000.

Roosdiono & Partners (a member firm of the KPMG Law network)

Roosdiono & Partners (a member firm of the KPMG Law network) covers the full gamut of corporate matters in the aviation sector, with capabilities across various aircraft transactions, restructuring, and legal advisory around relevant regulation and policy. Fadjar Kandar leads on the firm’s work in the aviation space as part of his broader work in energy, natural resources, and infrastructure. Kandar has wide-ranging experience in the aviation space, working alongside senior associate Louise Patricia Esmeralda in corporate and lease restructures, financing, establishment of representative offices, and advisory work.

Practice head(s):

Fadjar Kandar


Other key lawyers:

Louise Patricia Esmeralda