Aviation finance

Reliable Aviation Finance Services

Jurvneshservice is a recognized leader in the aviation finance services whose clients benefit from the in-depth knowledge we possess. Being one of the best aviation finance companies, we have a deep understanding of all ins and outs of the aircraft financing and our clients’ requirements. Bringing them together lets us find the best solutions in a timely manner.

Jurvneshservice is a customer-oriented company that is preoccupied with the wellbeing of each and every client. We strongly believe that the qualified aviation finance services should be available for the aircraft of any size. It doesn’t matter whether you are an individual, a multinational enterprise or a small company. In any case, we do our best to find the best possible solution to completely satisfy your needs.     

The global experience of Jurvneshservice in providing aviation finance services guarantees their high quality. When it comes to financing and leasing of aircraft, there are no questions that can make us be at a loss. Whatever the issue is, we’ll be able to give you appropriate support to fully meet your objectives.  

Ganna Tsirat, our leading aviation attorney, has successfully completed nearly 100 aircraft acquisition, financing, leasing and restructuring transactions over the past 15 years. That’s why it’s not surprising that our business aviation law group has loyal clients worldwide. Jurvneshservice aviation law clients include Ukrainian airlines, foreign equity investors, aircraft leasing companies and financial institutions, borrowers, financial advisors, and other participants in the global aviation industry.

Acquisition, Leasing and Aviation Finance Accomplishments

Jurvneshservice has already recommended itself as a team of skillful specialists providing qualitative aviation finance services. Our aircraft financing practice encompasses a full range of complex transactions in the domestic and cross-border acquisition, financing and leasing of transportation assets. Our experience is extensive and includes operating leases, U.S. tax-based leveraged leases, complex foreign and U.S. double-dip tax lease structures, traditional mortgage structures, securitizations, and U.S. Ex-Im Bank aircraft financings.

Having represented hundreds of lessors, lessees, and financiers in aircraft financing transactions, Jurvneshservice team has a thorough understanding of the interests of the parties involved. Due to the experience in the field, we develop legal recommendations designed to meet the business objectives of our clients. During advice, we put a strong emphasis on practical solutions that allow reaching timely and cost-effective results.

Aircraft Leasing and Sales Transactions

Jurvneshservice aviation finance services include the completion of aircraft leasing and sales transactions. We advise in:

  • domestic, U.S.-to-Ukrainian, foreign-to- Ukrainian leveraged and single investor financing leases and operating leases, lease and loan participations;
  • sale/leaseback transactions involving financing leases and operating leases;
  • lease portfolio acquisitions and sales;
  • acquisitions and sales of commercial aircraft, corporate jets, and helicopters.

Debt Financing and Securitization Work

We regularly assist aviation clients and financiers with all forms of debt financing and securitizations, including secured financings of aircraft, engines and spare parts. We draft and perform appropriate mortgage agreements if aircraft is already registered in the Ukrainian Civil Aircraft Registry. We receive AEP codes at the Ukrainian State Aviation Service to register bill of sales, security agreements and leases at the Cape Town International Registry.

Compulsory Aircraft Repossessions and Airline Bankruptcies

Ganna Tsirat frequently represents both creditors and lessors in workouts, restructurings and voluntary and compulsory repossessions of aircraft in Ukraine. Within the last 10 years, she repossessed at least 10 aircraft including those from Aerosvit, Donbassaero, and AirOnix. All these aircraft repossessions have been made without Cape Town instruments.

She has extensive experience counseling and representing foreign clients with respect to airline bankruptcies in Ukraine, including those of Aerosvit and Donbassaero.

Commitment to the Aviation Industry

Ganna Tsirat reflects her extensive experience in the sector in a variety of publications on aviation topic in foreign famous edition, including The Official Guide to Aircraft Registration and Tax 2018, PWSP World Aircraft Repossession Index 2018 Edition, Chapter on Ukraine in Aircraft Financing under gen. ed. G. McBain, Chapter on Ukraine in Aircraft Liens and Detention Rights under gen. ed. G. McBain, Chapter on Ukraine in Getting the Deal Through: Air Transport 2017, Chapter on Ukraine in Getting the Deal Through: Aviation Finance & Leasing 2018, Chapter  on Ukraine in The Aviation Law Review under ed. Sean Gates.

Ganna Tsirat has issued monography on Unification of Norms in International Private Air Law in Ukrainian in 2018 as well as a lot of articles in Ukrainian and foreign journals on Cape Town Convention regulation and its implementation in Ukraine, on operators’ liability, on peculiarities of transactions with aviation equipment.

Ganna Tsirat is a permanent speaker at international conferences where she reports on aviation liability and insurance, unification in international private air law.

Clients

Thanks to the high level of Jurvneshservice aviation finance services we have loyal clients worldwide. Among our clients are Boeing, CIT, GE Aviation Services, AerCap, AeroTurbine, Inc., Aircastle, BBAM, Cessna/Textron, Engine Lease Finance Corporation, Macquarie AirFinance, Willis Lease Finance Corporation, Skyworld Aviation Ltd and many others.

In some transactions, Jurvneshservice represented Ukrainian lessees such as UIA, AtlasJet Ukraine, SkyUp and others.

Foreign bank institutions and lenders due to their involvement into aircraft financing applied for Jurvneshservice advice. Among them are American Ex-Im Bank, Erste Group Bank AG, Wells Fargo Bank, PK AirFinance S.A.r.l. and others.