Aviation, International updates

Revised limits of liability under Montreal Convention
Augusta Abogados
  • International
  • 12 February 2020

New limits of liability under the Montreal Convention 1999 recently came into force following the International Civil Aviation Organisation's review procedure under Article 24 of the convention. Airlines should update their general conditions on carriage, information for passengers and insurance policies, when needed, so that they reflect the revised limits of liability.

Letters of credit in aircraft leasing: a refresher
Vedder Price PC
  • International
  • 15 January 2020

Letters of credit are often issued in aircraft leasing transactions as an alternative to the provision of a cash security deposit and, less frequently, the obligation to pay maintenance reserves in cash. In an airline bankruptcy scenario, it is important to understand the differences that exist between different forms of letter of credit and some of the challenges that may arise for an enforcing lessor or financier.

Reducing aircraft emissions on global scale
  • International
  • 15 August 2018

Aviation is among the fastest growing sources of greenhouse gas emissions, which has given rise to environmental concerns over their global impact and effect on air quality, particularly at ground level. In an effort to tackle aviation's increasing contribution to climate change, international organisations – such as the United Nations and the International Civil Aviation Organisation – are taking steps to reduce global aviation emissions and develop measures with worldwide effect.

Liberalising aviation in Africa: overview of single air transport market
  • International
  • 11 April 2018

In January 2018 the single African air transport market (SAATM) was formally launched. Its principal objective stems from the Yamoussoukro Decision, which provided for the full liberalisation of intra-African air transport services in terms of market access. The SAATM is a welcome development; however, to reap the full potential of the initiative, the African Union must do all that is necessary to ensure that the resources, infrastructure and capacity required to grow the aviation sector are available.

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