AUSTRIA Law and Practice Contributed by: Farid Sigari-Majd and Mathias Lehner Freshfields
Czech Republic
Germany
Slovak
Vienna
Austria
Hungary
Italy
Slovenia
Croatia
Contents 1. Aircraft and Engine Purchase and Sale p.40 1.1 Sales Agreements p.40 1.2 Transfer of Ownership p.40 2. Aircraft and Engine Leasing p.41 2.1 Overview p.41 2.2 Lease Terms p.42
2.3 Lease Registration p.43 2.4 Lessor’s Liabilities p.44 2.5 Insurance and Reinsurance p.44 2.6 Lease Enforcement p.45 2.7 Lease Assignment/Novation p.47 2.8 Aircraft Deregistration and Export p.48 2.9 Insolvency Proceedings p.49 2.10 Cape Town Convention and Others p.51 3. Aircraft Debt Finance p.51 3.1 Structuring p.51 3.2 Security p.52 3.3 Liens p.55 3.4 Enforcement p.55 4. Other Issues of Note p.56 4.1 Issues Relevant to Domestic Purchase, Sale, Lease or Debt Finance of Aircraft p.56 4.2 Current Legislative Proposals p.56
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