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Feature: Detaining Aircraft For EU ETS Non-Compliance
28 May 2010
The European Emissions Trading Scheme will not have such a major impact on aircraft lease agreements.
Read more:
European Emissions Trading Scheme
EU ETS
lessors
financiers
Law firms are already amending documents that require airlines to comply with EU Emissions Trading Scheme (EU ETS), and the wording is not exceptionally different from measures previously used for leases.
"At the moment all there is, is a clause saying the airline will comply with the EU emissions trading scheme - it’s not very radical and it’s not substantially different from what a lease always says, which is that the airline has...
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