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August 5, 2019

Chambers & Partners Aviation Finance & Leasing Guide – Thailand Chapter

Chambers Global Practice Guides

John Frangos, a partner and deputy director of Tilleke & Gibbins’ dispute resolution department, and Santhapat Periera, a partner in the firm’s corporate and commercial department, have contributed the Thailand chapter of the Chambers & Partners Aviation Finance & Leasing Guide—a publication covering the most important legal developments affecting aircraft lessors, lessees, and financiers in 20 strategically important jurisdictions worldwide. 

The guide provides in-depth details on the legal regimes affecting all aspects of aircraft sale and purchase, aircraft and engine leasing, and aircraft debt finance, including sale and lease agreement terms; taxation; lease registration and enforcement; lease assignment/novation; insurance and reinsurance; debt structuring; securities; liens; and many others that affect the day to day operations aviation industry leaders.

Chambers Global Practice Guides provide in-house counsel with expert legal commentary focusing on the practical legal issues affecting business, and enable reader to compare legislation and procedures relevant to them across a range of key jurisdictions. The guide is available in full on the Chambers Global Practice Guides website.

RELATED INSIGHTS​ 

January 15, 2016
The Guide to Doing Business in Thailand, published by Tilleke & Gibbins in association with Lex Mundi, provides a comprehensive overview of the legal and business environment for investors entering the Thai market. In particular, it covers topics such as the current political climate, investment incentives, financial facilities, exchange controls, import and export regulations, establishing and operating a business, labor and employment, tax, and immigration requirements. The guide provides an invaluable primer for investors new to Thailand.
December 21, 2015
Vietnam’s aviation industry is growing rapidly. According to an IATA forecast, between 2013 and 2017 Vietnam is expected to be the seventh-fastest-growing market for international passengers, and the fastest-growing for international freight. To meet demand, Vietnamese carriers are buying and leasing new aircraft. New private airlines have also entered the market.
August 25, 2015
Amendments to Vietnam’s Civil Aviation Law (2006) (Aviation Law) became effective on July 1, 2015. The Aviation Law and the amendments regulate air carrier liability in Vietnam. Vietnam is not a signatory to the Convention for the Unification of Certain Rules for International Carriage by Air, adopted in Montreal on May 28, 1999 (the Montreal Convention). However, the legal framework for liability under the Aviation Law is generally consistent with the Montreal Convention, creating protection for consumers and predictability for air operators and their insurers.
May 20, 2015
A new law on air carriage came into effect in Thailand on May 14, 2015. The law, called the International Air Carriage Act (Air Carriage Act), covers air carrier liability for accidents, delays, and cargo losses. Until now, Thailand did not have any specific legislation governing air carriage liability, although claims could be brought under the general provisions of the Civil and Commercial Code.