Category Archives: Uncategorized

Congratulations on your decision to buy an airplane! Purchasing an aircraft is a significant investment. Here are a few reasons why involving a lawyer can be beneficial to ensure a smooth transaction: Legal Documentation: A lawyer can assist in the review and preparation of the necessary legal documents related to your purchase. This includes drafting or […]

The current inflationary environment diminishes lenders’ credit appetite for specialty items such as aircraft financing. This is especially the case for financing of bizjets which traded at records highs due to the demand created with travel restrictions combined with a buoyant economy. Lenders offered financing at up to 90% of the purchase price, extended amortization periods and […]

With current inflationary pressures and a looming recession, as well as the recent runup in bizjet prices, the aircraft market is settling and there are better opportunities ahead. In addition to interest rate considerations if financing a purchase, the US exchange rate is a factor as aircraft, parts and other services are all denominated in […]

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 […]

COVID-19 did little to deter private jet charter in and around Vancouver. The business has in fact grown substantially as post-COVID travelers weigh their options. Even with the prospect of an economic downturn, charter flights using small aircraft occur regularly at Vancouver’s international airport (CYVR) and Boundary Bay airport (YTD/CZBB). Vancouver is, moreover, unique in […]

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 […]

The federal government outlined a proposed new regulatory regime for air passenger rights. We speak to airline and travel lawyer Ehsan Monfared for his analysis on the compensations passengers could be entitled to. www.yyzlaw.com Source:  CTV News Channel

Passenger Protect Program Update – YYZlaw Article For the last few months, we have been trying to determine, for our numerous foreign business aircraft operators, which air carriers fall withing the scope of Transport Canada’s Passenger Protect Program (PPP). As we indicated in our April 1st blog, the confusion lay with the wording of the Secure […]

COVID-19 Pandemic and Business Jets Not all sectors of the aviation industry have suffered at the hands of the COVID-19 pandemic. Business jet ownership has become increasingly necessary as ever-changing government regulations, including restrictions on travel generally, have reduced the availability and ease of use of scheduled flights. Gulfstream G700 Article, If anything, the pandemic […]

Aircraft Registry Canada, The Canadian Aircraft Registry is operated by Transport Canada. Aircraft owned by Canadians – or based and primarily operated in Canada – must be registered under the Canadian Aircraft Registry. This requirement stems from obligations set out in the 1944 Convention on International Civil Aviation, also known as the Chicago Convention. Alternatively, aircraft […]