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Law

  • December

    Emissions trading 01 December 2004

    Although the aviation downturn has delayed legislation, airlines will eventually have to find a way of paying for emissions, says Colleen Nelson, partner and head of UK law-firm asb's environmental practice.

  • Currency outlook: the rise and fall of a great currency 01 December 2004

    Mike Halls reports on what the decline and fall of the world's mightiest currency will mean to aviation financiers.

  • FedEx ordered to repay terrorism compensation 01 December 2004

    After a two-year long skirmish, the US Department of Transportation has issued a final order to FedEx to repay about $29 million of the compensation it received under the Air Transportation Safety and System Stabilization Act for financial loses arising from the September 11, 2001 terrorist attacks on the US.

  • Korean Airlines has filed a suit in the Seoul 01 December 2004

    An administration court is contesting what it alleges to be the unfair allocation of passenger and cargo flights to Taipei by the Korean Ministry of Construction and Transportation. The ministry has allotted a total of 18 passenger and two cargo flights to be evenly split between Korean and Asiana Airlines.

  • Last word: The year ahead 01 December 2004

    Airfinance Journal has consulted palms, tarot cards, tea leaves, crystal balls, horoscopes, goat entrails and even some economist forecasts to give you an exclusive peak at what will happen in 2005. (Although we have made every effort to ensure the accuracy of this forecast, we do not accept legal responsibility for consequences that may arise from anyone relying on it.)

  • US court rules against Aeroflot for contract breech 01 December 2004

    The US Supreme Court has upheld a lower court ruling recognizing a 2002 Swiss arbitration decision against Aeroflot for $13 million plus all interest and litigation expenses.

Poll

Does the 'Home Country Rule' give an unfair advantage to some airlines?

Yes
71%
No
29%

Quote

“We are looking to buy down and give some liquidity to the lenders. We are willing to put our money where our mouth is.”

Bharat Bhise, CEO of Bravia Capital, can not understand why some Allco Aviation lenders are not supportive of HNAs bid.