The Firm has a strong Aviation practice advising national airlines, aircraft owners, managers, lessors, lessees, financers and aircraft MRO facilities. Despite the recent global financial slowdown, deliveries of new Airbus and Boeing aircraft in the next 20 years is expected to reach more than 25,000 narrow-body and wide-body aircraft. The private and corporate business jet sector is experiencing a period of unprecedented demand with very long waiting lists on the order books of some manufactures.
As a Member State of the European Union Malta adopts the standards of the European Aviation Safety Agency (EASA) meaning that a Maltese certification represents the highest standards in safety. Maltese-registered aircraft operators can also benefit from liberalised access to commercial air traffic rights within the EU and have easier access to the traffic rights agreed from time to time between EU members and third countries.
Malta has also recently ratified the Cape Town Convention International Interests in Mobile Equipment bringing Malta in line with International aviation finance and leasing standards, facilitation of asset-based financing and ensures a continuous investment into the aviation sector on the Island
The Aviation team at Fenech & Fenech enjoys a leading and long-standing reputation in aviation law which is unrivalled locally and has been involved in almost all types of aviation-related work from structured asset finance to the issue of commercial Air Operator Certificates and Air Services Licences. We regulatory act for buyers and sellers of aircraft, lessors and lessees, banks and flag carriers in their fleet management requirements. Notably, Fenech & Fenech represents the national airline in all matters relating to the financing and leasing of its fleet assets.
The team has also represented a leading international MRO provider in connection with the building of a 60, 000 sq. mtr., wide-body aircraft hangar facility in Malta. With an investment of Euro 55 million, the new state-of-the-art maintenance hangars are among the largest single industrial construction projects in Malta in recent years.
Fenech & Fenech Advocates are members of the Malta Business Aviation Association and the European Business Aviation Association.