LawExchange International

Dec 1, 20201 min

Cloudy Skies: The Aircraft Lessor’s checklist for storms ahead

The increasing likelihood of insolvencies or defaults on lease payments have led to aircraft lessors reconsidering their short, medium and long term strategies to manage their potential exposure. This may involve possible repossession and enforcement scenarios. The recent enforcement actions taken against Air Asia X and BOC Aviation in UK may signal the first of many similar actions.

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