November 29, 2017

ABA conference to focus on aviation financing, issues of drones, engines and commercial satellites

WASHINGTON, Nov. 29, 2017 — The American Bar Association will sponsor the 2017 Aviation Finance Conference, with aviation legal experts discussing the financial and legal challenges of insurance for airlines, liability considerations for drones, technical issues of aircraft and engine lease agreements, the risks of financing commercial satellite projects and funding of commercial and business aviation, on Dec. 5 in New York.

A. Lester Haizlip, the FAA Aeronautical Central Regional counsel, will give the keynote address at 6 p.m. during the dinner.

What:             
2017 Aviation Finance Conference
Sponsored by the ABA Forum on Air & Space Law and
Business Law Section’s Commercial Finance: Aircraft Financing Subcommittee

When:             
Tuesday, Dec. 5
9 a.m. - 6 p.m. ET

Where:           
Norton Rose Fulbright
1301 Avenue of the Americas (6th Ave.)
New York, NY 10019

“New Financing Source: Marsh’s Aircraft Finance Insurance Consortium (AFIC) and Its Non-Payment Insurance Product for Airlines and Operating Lessors”  — The lack of support for airline financing has prompted new sources for financing. The This panel will discuss the AFIC’s financing insurance product, which is designed to attract low-risk lenders, private placement capital market investors to aircraft financing. This new source of finance insurance offers principal and interest payments that will be paid by a consortium of insurers.

“Drones – The changing Landscape: Insurance and Liability Considerations” — As drones continue to shape aviation law and various industries, it’s a first that many companies such as Disney and the NFL are entering the aviation industry. Insurance companies now offer “drone insurance.” This panel will discuss new developments, the future and current drone liability and insurance issues.

“A Bridge to Somewhere – Transitioning Aircraft and Engines” — The legalities of aircraft engine and aircraft lease agreements will be the focus of this panel. Panelists will discuss the practicalities of technical and financial issues surrounding the lease and sale of aircrafts and engines.

“Commercial Satellite Finance Panel: Understanding Legal and Commercial Risk in the Contest of An Evolving Space Industry” — The influence of the “internet of things”, satellite constellations, on-orbit servicing of satellites and NewSpace ventures all contribute to recent changes in industry and government financing guidelines. This panel will discuss the legal and commercial risks of financing commercial satellite projects.

A complete agenda can be found online.

This event is free and open to members of the press. For media credentialing, please contact Betsy Adeboyejo at Betsy.Adeboyejo@americanbar.org.

The Forum on Air & Space Law is the premier association of attorneys who work in the global travel industry or the field of space law. Its conferences and other activities serve as the one-stop shop for attorneys interested in all aspects of domestic and international air and space law, as well as regulatory issues arising from governmental entities.

Go to www.abalegalfactcheck.com for the ABA’s new feature that cites case and statutory law and other legal precedents to distinguish legal fact from fiction.

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