Rwanda has established a solid legal framework for aircraft security interests through its ratification of the Cape Town Convention on International Interests in Mobile Equipment and the Aircraft Protocol, supported by domestic implementation under Part 35 of the Rwanda Civil Aviation Regulations.
This article provides a concise overview of the regulatory landscape and the key practical considerations when creating, registering and perfecting security interests over aircraft in Rwanda.
Security document (mortgage): form and content
Security interests over aircraft in Rwanda take the form of an international interest under the Cape Town Convention framework. The typical security document is a security agreement, commonly referred to as an aircraft mortgage, by which a chargor grants a chargee an interest in an aircraft object to secure the performance of an obligation.
