The aim is to ensure that the SPV's shares are vested in a third party so that it is not regarded as a subsidiary of the originator or financier and is therefore often referred to as an orphan SPV.

Ellie Crespi-McCarthy and Louise Groom consider the impact of the extension of the Cape Town Convention on Cayman Islands aircraft finance transactions.

Whether there will be any VAT payable on the sale of an aircraft is determined by its physical location at the point of sale. If the aircraft is physically located in Ireland at the time...

Many airlines around the world have been left reeling by the impact of the COVID-19 pandemic and even once travel restrictions and quarantine requirements ease passenger demand...

This article summarises the requirements for the issuance of an air operator's certificate permitting an aircraft registered with the Civil Aviation Authority of the Cayman Islands to fly for the purpose...

We have highlighted below ten of the key reasons owners, financiers and operators regard the Cayman Islands as the jurisdiction of choice for aircraft registrations.

The resilience demonstrated by the commercial aviation sector to recover as strongly as it has from the impact of the Covid pandemic and subsequent market challenges has been remarkable.

Maples and Calder is a leading international law firm advising financial, institutional, business and private clients around the world on the laws of the Cayman Islands, Ireland and the British Virgin Islands.

Once extended to Cayman, the Cape Town Convention will directly apply to that jurisdiction, with Cayman gaining the status of a territorial unit of a Convention State.

The Cayman Islands is a market leading jurisdiction in both the aviation and shipping industries. In keeping with this, the Special Economic Zone in the Cayman Islands, has recently created...

The Cape Town Convention will come into force in the UK on 1 November 2015. We are pleased to announce that on 1 November 2105 the Cayman Islands will gain the status of a territorial unit of a Convention State...

According to the International Air Transport Association (IATA), 2023 was "a year when air transportation very nearly returned to its pre-pandemic pace of activity...

Cayman Islands charitable and STAR trusts offer flexible "work-out" ownership structures in which repossessed aircraft can be held during the "work-out" period.

The Cayman Islands has long been a leading jurisdiction for aviation finance transactions in both the commercial and business jet sectors.

The Cayman Islands Register of Aircraft has seen a significant increase in activity and interest over the last 12 months.

Our team provide some key takeaways from the Growth Frontiers Global conference and the global aviation industry as a whole.

Cayman Islands and Irish off balance sheet and on balance sheet special purpose vehicles ("SPVs") are often used in aircraft financings.