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Aircraft Finance

  • Advised on virtually all major aircraft financings (including leases) for Pakistan International Airlines Corporation, acting for PIA’s various lenders and lessors since 1976;
  • Acting for Citigroup in relation to the financing of pre-delivery payments for three new Boeing 777-200 Aircraft, for Pakistan International Airlines Corporation including a short term facility and an Islamic financing (Ijar’a);
  • Acting for Export-Import Bank of the United States in relation to the long term financing of eight new Boeing 777-200 Aircraft for Pakistan International Airlines Corporation;
  • Acting for Boeing and Export-Import Bank of the United States in connection with the preparation of the domestic legislation in Pakistan implementing the Cape Town Convention and Aircraft Protocol including the implementing rules, the accession instrument and the declarations required by the Convention;
  • Acting for Citigroup in relation to the French and Italian Export Credit supported financing of seven new ATR aircraft for Pakistan International Airlines;
  • Acting for and advising a US client in connection with the Instalment Sale and on-lease of three Boeing-737 Aircraft to a Pakistani operator;
  • Acting for Airbus in connection with the sale and financing of an Airbus A-321 aircraft to Air Blue.