Transforming Asset and Aircraft Finance
As the industry continues to evolve at a rapid pace the asset and aircraft finance sector requires cutting-edge and practical solutions. At Mallesons, we deliver cutting-edge solutions in asset and aircraft finance, partnering with global leaders to navigate complex transactions with confidence.
Our renowned full-service team partners with the world's leading financial institutions, lessees, operators, arrangers and end-users to provide complex financing structures on some of the most significant, challenging and transformational transactions in the market. Supported by our indomitable tax and financial services regulation team to provide our clients with a comprehensive service offering.
Cross-border intelligence with solution-focused advice for every challenge
With significant recent bank capital changes impacting asset and finance transactions, we work with our clients on navigating the regulatory landscape by way of efficient solution-focused advice. Having on-the-ground Asset Finance teams in Australia, Hong Kong and the People’s Republic of China (PRC), we provide our clients with seamless cross-border capabilities.
Supporting clients on a full range of transformational transactions
Our track record includes pioneering transactions that redefine industry standards. Working with corporates, lenders and governments means we advise on the full range of asset finance transactions. Recognised for our exceptional experience and deep relationships within the transport industry we partner with clients to deliver efficient and innovative asset finance solutions in some of the largest and most significant matters to date.
Our law firm’s experience in the asset and aircraft finance industry, includes:
- Deutsche Bank/Castlelake/Virgin Australia Airlines: a financing of five Boeing 737 Aircraft and two 777 Boeing Aircraft – financed sale and leaseback for Aircraft for Australia Airlines.
- Rex Airlines: negotiated and documented the operating lease (with financing) for its first 737 Aircraft to enable its debut in the golden triangle of Sydney – Melbourne – Brisbane to create a competitive landscape with Qantas and Virgin.
- BNP Paribas/Goldman Sachs/Castlelake: financing 11 Boeing 737 Aircraft via sale and leaseback for Aircraft for Australia Airline.
- CBA: on largest ever privately funded UK rolling stock procurement, a £1.1 billion.
- Japanese bank (Hong Kong): refinancing facility for eight Boeing 737-800 aircraft.
- Macquarie Bank: vendor loan note arrangements on sale of Digitek.
- CBA/Qantas: advising the Lender Syndicate in respect of the issue by an Australian airline of A$450 million credit enhanced notes supported by aircraft security.
- Leading Airline Administration: acting for numerous secured creditors and lessors (40+ clients with 118 Aircraft and associated equipment) in the administration of a leading Australian airline. This involved many issues concerning the Cape Town Convention; civil aviation (CASA) issues concerning aircraft registration, maintenance and operation; negotiations with airports and other lienholders and repossession/operational issues.
- Purchaser and Seller (Joint Counsel) (various roles): Providing Australian law advice to purchasers and sellers (on a joint counsel basis) in respect of the sale and novation of aircraft leased to Australian airlines.
- Advising various major Australian banks in respect of the government-risk based receivables financing of public transportation concessions (including diesel, hybrid, low-emissions and zero emissions buses, as well as bus depots and associated infrastructure).
