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Airplane landing onto runway
Airplane landing onto runway

Airports

No two airports are the same. Their ownership varies (many are still state owned, but also increasing numbers are in private hands) and their customers vary (from flagship to low cost carriers).

The regulatory systems to which they are subject are also different and the economic downturn affects different airports differently (hubs have broadly suffered less than point-to-point airports).

This lack of uniformity in a single sector presents a number of opportunities to the market (governments designing regulatory systems as a prelude to sale, private sector vendors and potential purchasers such as airport operators and infrastructure funds).

We believe that it is critical for legal advisers to have not just detailed knowledge of how a particular airport in a particular country works, but also to maintain a global view of the airport market and have a clear understanding of the potential options (for regulators, buyers and sellers) that are available. Allen & Overy has positioned itself so that it can offer applied knowledge from its significant experience advising on matters involving airports including project financing, development and construction, mergers and acquisitions (both public and private), funding (equity and debt), litigation, competition matters and funds.

We work with every kind of market participant in the airport sector, including buyers, consortia, builders, financiers, governments and regulators on many of the largest airport transactions around the world.

Our experience is truly global. In recent years we have acted on matters involving international airports in the UK, U.S., Hong Kong, The Netherlands, Italy, Belgium, Germany, Denmark, Slovakia, Spain, Australia, India, United Arab Emirates, Greece, Columbia, Ecuador, Tunisia, Dominican Republic, Russia and Poland.

News and insights

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Publications: 02 February 2023

Podcast: Sanctions outlook 2023

Sanctions began dominating the headlines again in 2022. Largely, reports focused on the ongoing sanctions targeting Russia. As we look ahead to 2023, Russia remains a target. Other countries (such as…

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Publications: 25 January 2023

Tackling foreign subsidies: new EU rules enter into force

On 12 January 2023, the EU Foreign Subsidies Regulation (FSR) entered into force. The FSR will have a significant impact on and create new obligations for parties that are participating in…

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News: 23 January 2023

A&O advises Abu Dhabi Investment Office on Phase 2 of the Road Lighting LED PPP project in Abu Dhabi, UAE

Allen & Overy has advised the Abu Dhabi Investment Office (ADIO) and the Department of Municipalities and Transport (DMT) in Abu Dhabi in relation to Phase 2 of its Road Lighting public-private…

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Publications: 19 October 2022

Introduction to the EU’s Emissions Trading System

The EU Emissions Trading System (the EU ETS) is one of the key pillars of the EU’s policy to combat climate change and to reduce greenhouse gas emissions from regulated sectors.

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