Work Area: Aviation

New York court blocks PJT restructuring fee in LATAM Chapter 11

Despite claiming the duration and complexities of its Chapter 11 case were unforeseen, South American airline LATAM has failed to convince a New York court to let it pay its investment banker PJT Partners an additional US$12 million restructuring fee if its plan becomes effective.

22 September 2022

Demarest and Lefosse land airport privatisations

Demarest Advogados and Lefosse have helped two different bidders win concessions to operate Brazilian airports.

01 September 2022

Lefosse advises on major airport privatisation

Lefosse has helped Spanish company AENA win the rights to operate São Paulo’s Congonhas airport along with 10 other Brazilian airports following a 2.45 billion reais (US$478 million) bid.

23 August 2022

Mijares lands investment in Mexican aviation group

Mexican private equity fund Discovery Americas has turned to Mijares, Angoitia, Cortés y Fuentes SC to invest in aircraft maintenance company A&P International Services.

04 August 2022

Several firms steer France-Mexico aerospace deals

Nader, Hayaux & Goebel has helped French aerospace manufacturer Figeac Aéro sell and acquire assets in Mexico through two separate transactions.

13 July 2022

Aeroméxico takes full ownership of loyalty scheme

Mexican airline Aeroméxico has hired the New York and London offices of Davis Polk & Wardwell LLP and Sainz Abogados in Mexico City to acquire the remaining stake in its loyalty programme from UK investment group Aimia for US$412 million.

12 July 2022

Peruvian airport gets cross-border loan

Three Latin American firms have helped Peruvian airport services provider Talma obtain a US$135 million financing to repay existing debt.

27 June 2022

LATAM Airlines wins Chapter 11 plan approval

Over two years after it sought Chapter 11 protection in New York, LATAM Airlines has received court approval of a restructuring plan that will facilitate the injection of about US$8 billion through a capital increase, the issuance of convertible bonds and new debt.

22 June 2022

Avianca and GOL combine operations

The controlling shareholder of GOL has hired Lefosse and Vinicius Marques de Carvalho Advogados – VMCA to sign a deal that sees the Brazilian airline enter into an agreement with Colombian counterpart Avianca to combine their operations under a single holding structure.

19 May 2022

Several Peruvian firms land airport services deal

Estudio Echecopar member firm of Baker McKenzie International and Miranda & Amado have helped Peruvian airport services group Talma acquire the remaining stake in its business from local private equity company Enfoca for US$164 million.

29 April 2022

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