The Legal and Business Guide to

Airline Restructuring

Sections 1110 and 1113 * Workouts * Renegotiating Leases * EETCs

Monday, September 29, 2003

About

The past few years have been some of the most troubled for the airline industry. Wall Street analysts estimate that major U.S. carriers sustained losses between $8 to $10 billion last year and forecast that their losses for 2003 will total between $10 and $13 billion. The attacks of September 11th, the war in Iraq, a struggling economy, and rising fuel costs have all contributed to the airlines' financial woes, forcing some into Chapter 11, while others strive to maintain solvency.

Given the current climate in the airline industry and the inevitability of more carriers having to restructure their business, either in or out of Chapter 11, all those involved with aircraft leasing and finance, corporate restructuring, and bankruptcy - including both in-house and outside counsel, investment and commercial banks, leasing companies, and turnaround and restructuring specialists - must have a sophisticated and in-depth grasp of the latest developments and the most recent legal and financing trends arising out of the past year's events.

This timely American Conference Institute event brought together a preeminent faculty of legal and business professionals from the Air Line Pilots Association, Air Transportation Stabilization Board, Bryan Cave, Fleet Capital Leasing, GATX Financial Corporation, General Electric Capital Aviation Services, Greenberg Traurig, Haynes & Boone, Holland & Knight, International Lease Finance Corporation, Kirkland & Ellis, KKC Klaskin, Kushner, Cabeza & Company, Lewis & Roca, Lowenstein Sandler, Morgan Stanley, Northwest Airlines, O'Melveny & Myers, Robinson & Cole, Salomon Smith Barney, The Seabury Group, Skadden, Arps, Slate, Meagher & Flom, Squire, Sanders & Dempsey, Standard & Poor's, UBS Warburg, and Vedder, Price, Kaufman & Kammholz who gave the in-depth information you need on:
  • What financing structures are being used today and which are working best
  • Modifying an aircraft lease to accommodate both the lessee and the lessor
  • The impact of recent airline bankruptcies and restructurings on lessors and lenders
  • Most effectively reducing an airline's cost structure
  • How 1110 has functioned in recent bankruptcies
  • Negotiating concessionary labor agreements in and out of Chapter 11
  • The pros and cons of the ATSB loan program
No matter what your role in the aircraft finance and restructuring arena, this comprehensive and information-packed forum is one you cannot afford to miss. This is your opportunity to learn from industry leaders and network with your peers and colleagues.

Contents & Contributors

About

The past few years have been some of the most troubled for the airline industry. Wall Street analysts estimate that major U.S. carriers sustained losses between $8 to $10 billion last year and forecast that their losses for 2003 will total between $10 and $13 billion. The attacks of September 11th, the war in Iraq, a struggling economy, and rising fuel costs have all contributed to the airlines' financial woes, forcing some into Chapter 11, while others strive to maintain solvency.

Given the current climate in the airline industry and the inevitability of more carriers having to restructure their business, either in or out of Chapter 11, all those involved with aircraft leasing and finance, corporate restructuring, and bankruptcy - including both in-house and outside counsel, investment and commercial banks, leasing companies, and turnaround and restructuring specialists - must have a sophisticated and in-depth grasp of the latest developments and the most recent legal and financing trends arising out of the past year's events.

This timely American Conference Institute event brought together a preeminent faculty of legal and business professionals from the Air Line Pilots Association, Air Transportation Stabilization Board, Bryan Cave, Fleet Capital Leasing, GATX Financial Corporation, General Electric Capital Aviation Services, Greenberg Traurig, Haynes & Boone, Holland & Knight, International Lease Finance Corporation, Kirkland & Ellis, KKC Klaskin, Kushner, Cabeza & Company, Lewis & Roca, Lowenstein Sandler, Morgan Stanley, Northwest Airlines, O'Melveny & Myers, Robinson & Cole, Salomon Smith Barney, The Seabury Group, Skadden, Arps, Slate, Meagher & Flom, Squire, Sanders & Dempsey, Standard & Poor's, UBS Warburg, and Vedder, Price, Kaufman & Kammholz who gave the in-depth information you need on:
  • What financing structures are being used today and which are working best
  • Modifying an aircraft lease to accommodate both the lessee and the lessor
  • The impact of recent airline bankruptcies and restructurings on lessors and lenders
  • Most effectively reducing an airline's cost structure
  • How 1110 has functioned in recent bankruptcies
  • Negotiating concessionary labor agreements in and out of Chapter 11
  • The pros and cons of the ATSB loan program
No matter what your role in the aircraft finance and restructuring arena, this comprehensive and information-packed forum is one you cannot afford to miss. This is your opportunity to learn from industry leaders and network with your peers and colleagues.

Contents & Contributors

The Contents and Contributors description for this publication is not available at this time.


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