Rants and Podcast

Unique Insights from Business and Industry Leaders. We provide unique content that covers the most relevant industry topics.

Force Majeure! The Evolving Legal Landscape in Times of Turmoil

It may be an act of God, but is force majeure a realistic path to go down?

Mark Ditto, Vedder Price Shareholder and Attorney, explains how stakeholders are responding to this and other pertinent legal issues in our current commercial aviation reality.

3 Things We Learned from Mark

Force Majeure: It may seem like a viable option now, but be sure to think about the future. It may help protect cash, but it could impact future relationships with service providers.

Rent Deferrals: Rent deferral requests continue to come fast and furious from operators and have taken on a variety of flavors.  These often need to be approved by lenders as well, and it can take a long time to get consent.

Relationships Matter: Lessors and banks have been relatively understanding of the toll this has taken on the airlines and the industry.  The ones that thrive will focus on maintaining good relationships.