Where some countries have, and successfully at that, positioned themselves as aviation finance hubs by setting a lower corporate tax rate, others, like France, take advantage of their higher taxation environment to offer a very competitive and advantageous financing product, the tax lease. Tax leases in France are used on a variety of assets, including
Julia Norsetter
Compliance is achievable: a guide to EU’s “no re-export to Russia” clause
This new guidance document demonstrates the EU’s continued commitment to strengthen sanctions against Russia and prevent export bans from being circumvented. …
Continue Reading Compliance is achievable: a guide to EU’s “no re-export to Russia” clause
DOT finalizes rule requiring automatic refunds of airline tickets and ancillary service fees
The U.S. Department of Transportation (DOT) has finalized its rule requiring U.S. and foreign air carriers to refund costs associated with tickets and ancillary service fees under certain circumstances related to airline delays and cancellations. This rule stems from and responds to President Biden’s Executive Order on Promoting Competition in the American Economy, issued on…
Department of Transportation (DOT) consumer protections – rules to watch
As we begin the new year, the aviation industry is closely following certain Department of Transportation (DOT) Notices of Proposed Rulemakings (NPRM) published in 2022. These proposed rulemakings relate to consumer protections, including ancillary fees and airline ticket refunds.
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Navigating certification for Advanced Air Mobility
Originally published by Aerospace Testing International in ‘Showcase 2024 ‘
The Advanced Air Mobility sector is poised for sustainable growth and offers a plethora of opportunities to aerospace professionals who are considering including in their portfolios eVTOL aircraft and associated elements.
According to a study published by analysts this year, the Global AAM market is…
Aviation infrastructure for new technologies
Aviation infrastructure opportunities are rising due to Advanced Air Mobility (AAM) market growth. In September 2023, the FAA conditionally approved the first US public-use vertiport. Dubai’s leaders endorsed a vertiport design in February, aiming for a city-wide vertiport network by 2026. Yet, AAM infrastructure lags behind aircraft manufacturing due to development constraints, offering room for growth.
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Sustainable fuel – is it the future?
We are conducting a short, anonymous survey to find out your thoughts on sustainable fuel sources in the transportation industry, including your understanding of the various options, potential challenges, and expected timings for full conversion to sustainable fuel sources. Please take 5 minutes to complete the survey.
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Defending an AAM product liability lawsuit
The next frontier of aviation is right there in front of us, with the FAA’s Innovate 28 Plan laying the groundwork for AAM operations in 2028. …
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U.S. Department of Transportation focused on pursuing consumer protection violations against airlines
Recent news headlines relating to air travel have demonstrated the aviation industry’s refocus on passenger experience and consumer protection issues. Airlines are working hard to address scenarios that may affect the passenger experience during air travel today, including remediating weather delays and personnel-related issues. The Biden Administration has made consumer protections in the aviation industry…
U.S. House of Representatives and U.S. Senate propose bills to reauthorize the FAA
In the past week, the U.S. House and U.S. Senate separately proposed legislation to reauthorize and fund the Federal Aviation Administration (FAA). While there are similarities and overlapping provisions in the two bills, there are many differences. For example, while the House’s version provides great funding and revitalization of the general aviation community, the Senate’s version does not. By way of further example, the Senate’s version provides sweeping provisions for what it calls “consumer protections” which would drastically alter a commercial airline’s financial obligations in the event of a delayed flight and requires hotlines for the general public. The House version takes a softer stance on such issues.
The business, commercial, and general aviation communities should take note of our key takeaways from the two competing bills and monitor the developments in Congress over the summer as we approach the September 30 expiration deadline of Congress’ FAA authorization. Below we focus on certain highlights from the two pieces of legislation, including part 121 air carriers, advanced air mobility, general aviation, and consumer protections.Continue Reading U.S. House of Representatives and U.S. Senate propose bills to reauthorize the FAA
Legal challenges in autonomous flight: Things to consider before investing in an aircraft that flies itself
Today, some commentators have even argued that autonomous flight is likely to become a reality much earlier than autonomous driving. However, a distinct issue is the extent to which artificial intelligence (AI) may be used in autonomous flight.
Continue Reading Legal challenges in autonomous flight: Things to consider before investing in an aircraft that flies itself
Ready for take off
What are the eVOTL investment opportunities in the Middle East and Southeast Asia regions of the industry?
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EASA’s U-Space: The future of air traffic management for drones and VTOL
The European Union, through its aviation safety authority (EASA) has taken steps to address the future VTOL traffic management challenge with the development of an unmanned traffic management system, called the “U-Space.”…
Continue Reading EASA’s U-Space: The future of air traffic management for drones and VTOL
Looking ahead: 2023 and the air freight market
While some analysts predicted a sharp downturn in the conversion market over the next several years, the relative demand for air cargo remains strong.
Continue Reading Looking ahead: 2023 and the air freight market
An analysis of the new Hague Court of Arbitration for Aviation
The Hague Court of Arbitration for Aviation (HCAA) has recently revised its arbitration rules focusing on a high level of consultative engagement with the aviation community.
Continue Reading An analysis of the new Hague Court of Arbitration for Aviation
Investment opportunities in eVTOL
Aviation investors desire to seek more environmentally friendly targets and we are seeing an increase in interest in another new sector of aviation: advanced air mobility, or “AAM.
Continue Reading Investment opportunities in eVTOL
We have questions: Julia Norsetter, Policy and Analysis Lead at Reed Smith
Julia has recently joined our Transportation team here at Reed Smith, having previously been an attorney and policy advisor at the U.S. Department of Transportation and developing strategy and policy with the U.S. Federal Aviation Administration (‘US Regulator’) – including in relation to emerging transportation and advanced air mobility (‘AAM’).
The regulatory framework being built to facilitate AAM around the world can seem intimidating, and is changing with a speed and agility that those working in more established modes of transport may not expect. Julia shares some helpful thoughts on this, and we will be sharing more detailed insights soon – so watch this space!Continue Reading We have questions: Julia Norsetter, Policy and Analysis Lead at Reed Smith