Saturday December 14, 2019

New online aviation trading system takes off

The global aircraft trading system (GATS) is set to revolutionise aviation finance and confirm Ireland’s position at the centre of the industry, writes Lorraine Courtney

17th November, 2019
Marie O’Brien, aviation partner, A&L Goodbody

GATS is the latest buzzword in aircraft financing and leasing circles. The development of GATS, which stands for global aircraft trading system, will revolutionise how aircraft assets are traded and financed. This is particularly important for many Irish companies, as Ireland is the global hub for aviation finance, and more than 50 per cent of the aircraft leased to airlines globally are owned by Irish companies.

A&L Goodbody (ALG) was appointed as the Irish law firm...

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