IBA Annual Conference Toronto 2025

2 Nov - 7 Nov 2025

Session information

Current Issues in relation to aircraft financing

Committee(s)

Aviation Law Committee (Lead)

Description

The panel will explore critical challenges in today’s aircraft leasing environment, focusing on legal risk, enforcement difficulties, and the growing role of sustainability.

A key topic is the use of Article 83bis of the Chicago Convention, which allows an oversight transfer between states in leasing arrangements. While widely adopted, recent events have tested its effectiveness, especially where cooperation between authorities has broken down.
The panel will also examine repossession and enforcement issues, particularly under the Cape Town Convention (CTC). Recent cases highlight where legal tools like IDERAs have worked—and where gaps remain, especially in high-risk jurisdictions.

Finally, the session will address the rise of green leasing, as ESG requirements and environmental clauses become more common in lease contracts and financing structures.

Session / Workshop Chair(s)

Laura Pierallini Pierallini Studio Legale, Rome, Italy; Membership Officer, Aviation Law Committee

Speakers

Carlos Sierra Abogados Sierra, Mexico City, Mexico