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 & insights
News: 26 NOVEMBER 2019
Allen & Overy has advised a consortium involving Aberdeen Standard Investments, BAM PPP PGGM, Cintra, Macquarie and SK Group in connection with the design, building, financing, maintenance and operation of the Silvertown Tunnel, a twin-bored tunnel under the River Thames between the Greenwich peninsula and Silvertown. Through the ownership by the consortium of RiverLinx Limited, Silvertown is being developed as a public-private partnership with TfL.Read more
News: 23 OCTOBER 2019
Allen & Overy advised the APCA Transmimetro consortium, comprised of China Harbour Engineering Company and Xi’An Metro Company, in their successful bid for the Bogotá Metro project. Over the course of the next 20 years, this project will establish the first sophisticated metro system in Bogotá stretching from Bosa to Chapinero, catering to more than one million passengers per day.Read more
News: 15 OCTOBER 2019
Allen & Overy today announces the bolstering of its project finance and public law expertise in Italy with two counsels: Luca Amicarelli and Nunzio Bicchieri.Read more
Publications: 04 OCTOBER 2019
A&O has marked the end of Q3 2019 with an outstanding performance in the M&A league tables; the result of advising on a number of complex, high-value transactions in a wide range of sectors and markets, around our global network in 2019.Read more