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Allen & Overy’s aviation team awarded ‘Best Aviation Law Firm in the Middle East & Africa’ for a fourth year running

 

07 October 2019

​Allen & Overy’s Aviation Finance team were crowned ‘Best Aviation Law Firm in the Middle East & Africa’ for the fourth year running at the Airline Economics’ Aviation 100 Middle East and Africa awards, held in Dubai on the 1st October.

The team were also awarded a number of Deals of the Year as part of the ceremony, including:

Middle East & Africa Editor’s Award for Innovation for advising First Abu Dhabi Bank (FAB) on the financing of one B787-10 aircraft and one B777F aircraft for Etihad;

Middle East & Africa Islamic Finance Deal of the Year for advising Gulf International Bank (GIB), KEB Hana Bank, Dubai Islamic Bank (DIB) and National Commercial Bank (NCB)on the Ijara financing of five A330 aircraft for IAFC and on lease to Kuwait Airways;

Middle Eastern Deal of the Year for advising the AFIC Insurance Group on the French tax lease financing of two Boeing 737 aircraft for Royal Air Maroc (RAM). This was the first AFIC supported financing for RAM and first AFIC transaction involving KfW and Caixa Bank. The transaction also won Tax Lease Deal of the Year, Global Transport Finance 2018; and ​

Middle East & Africa Supported Finance Deal of the Year for advising​ TD Bank, Natixis and Bpifrance on the combined debt and ECA-supported financing of two Airbus A380 aircraft for Emirates. This was the first Airbus transaction supported by the European ECAs following their reopening for business on a case by case basis.

The awards were voted for by Airline Economics readers, cementing Allen & Overy’s position as the leading aviation firm in the Middle East and Africa.

Paul Nelson, global head of the Aviation Finance group, commented: “We are very proud to be recognised as the leading aviation law firm in the Middle East and Africa. This award highlights the strong client relationships we have across the region and the breadth and depth of our global practice.”

Mario Jacovides, global head of the Structured and Asset Finance group, noted: “We are truly honoured to be voted by the readers of Airline Economics as the Best Law Firm in the Middle East and Africa for the fourth year in a row which is a testament to our continued commitment to provide an outstanding service to our clients in the region.”

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