Author Archives: Ehsan Monfared

Simplifying Airspace Operations: Understanding AC 700-039 Issue 03 and RVSM Requirements

Transport Canada has recently released the third issue of Advisory Circular (AC) 700-039, dated February 29, 2024, focusing on the “Requirements to Obtain Reduced Vertical Separation Minimum (RVSM) Specific Approval.” This crucial document aims to guide air operators through the process of acquiring the necessary approval to conduct flights within RVSM-designated airspace, ensuring safer and […]

Negotiability of APU

The Role of APU and Engine Borescope Inspections in Aircraft Purchase Agreements The negotiability of APU (Auxiliary Power Unit) and engine borescope inspections represent a key issue when negotiating an aircraft purchase agreement. While some parties may assert a market standard, the truth is that practices vary widely in the realm of aircraft transactions when […]

Navigating Spare Parts in Aircraft Purchase Agreements

When it comes to acquiring an aircraft, understanding the intricacies of the aircraft purchase agreement is pivotal to ensuring a smooth transaction. Among these complexities, the inclusion of spare parts in aircraft purchase agreements often emerges as a critical point of negotiation. This guide aims to shed light on the importance of detailed inventory requirements […]

Technical Arrangement – Maintenance Between Canada and Brazil

The Technical Arrangement – Maintenance (TA-M) between Transport Canada Civil Aviation (TCCA) and Brazil’s National Civil Aviation Agency (ANAC), effective February 5, 2024, signifies a major development in aviation law, showcasing an international commitment to enhancing aviation maintenance cooperation. This agreement reflects the culmination of efforts to streamline and elevate maintenance and safety standards between […]

MSP Agreements in Aircraft Purchase Transactions

Here are some of the legal and practical reasons why disclosing the MSP agreement is neither market standard nor appropriate. Disclosure of MSP Agreements in Aircraft Purchase Transactions In aircraft purchase agreements, it is commonplace for such agreements to contain covenants whereby the aircraft seller “assigns” all of its rights under the MSP Agreements to […]

Understanding IDERA in Canadian Aviation: A Guide to Aircraft Leasing and Financing

What is an IDERA? IDERA, or Irrevocable Deregistration and Export Request Authorization, is a pivotal tool under Canadian Aviation Regulations and aviation law, particularly in the context of aircraft leasing and aircraft financing in Canada. This instrument was introduced as a remedy under Article XIII of the Aircraft Protocol to the Cape Town Convention, 2001 […]

Notice to CARAC members

ATTENTION ALL AIRCRAFT OWNERS, excluding those owning a remotely piloted aircraft with a maximum take-off weight of 25 kg (55 pounds) or less, or an ultra-light aeroplane. This notification marks the official reopening of the integral Annual Airworthiness Information Report (AAIR) portal and the commencement of the reporting cycle, which will extend until midnight Pacific time […]

TCA Notice of De-Registration

We’re aware that as of two weeks ago, deregistration notifications from Transport Canada’s Canadian Civil Aircraft Register to the Federal Aviation Administration (FAA) have not been seamlessly received and accepted by the FAA. This was encountered by one of our non-Canadian clients during the course of an aircraft purchase early this week. It has become […]

Clear Skies Ahead for the Business Aviation Industry?

To say that commercial aviation has experienced a rough couple of years since 2020 would be an understatement. Mass cancellations, endemic delays, widespread staff shortages and lingering wariness of potential COVID-19 exposure have put the aviation industry in the headlines for all the wrong reasons. This summer, Toronto’s Pearson International Airport was ranked the worst airport […]

Russian jet out of runway at Pearson

Russian Plane Pearson, As a Russian-owned Antonov An-124 “Ruslan” sits idle and unused at Toronto’s Pearson International Airport, a Canadian cargo broker is trying to make sure it stays grounded — even after Canada takes the jet off its no-fly list. “There’s concern that if it gets back into Russian hands, it could be very […]