Vedder Thinking | News Global Transportation Finance Team Represents Air Canada in First Non-U.S. EETC-Funded Acquisition
Vedder Price represented Air Canada with its first-ever EETC financing taking advantage of Canada’s ratification and implication of the Cape Town Convention and Aircraft Protocol. The acquisition of five new Boeing 777-300ER series aircraft involved three tranches of certificates, aggregately valued at US$714.5 million. The aircraft are scheduled to be delivered between June 2013 and February 2014.
Global Transportation Finance team Chair, Dean N. Gerber, led the Vedder Price team with the assistance of Shareholders John T. Blatchford, Marc L. Klyman and Denise L. Blau and Associates William K. Hadler and Clay C. Thomas.
With 50 professionals in Chicago, New York, Washington, DC, London and San Francisco, the Vedder Price Global Transportation Finance team is one of the largest, most experienced and best recognized global transportation finance practices in the world. The team represents all participants in aviation finance, including several of the world’s largest airlines, export credit agencies, internationally recognized banks and other financial institutions and significant international aircraft operating lessors.