Mamo TCV Advocates recently partnered with the Malta Business Network to host Runway Finance: Lease Finance in Aviation, an event bringing together aviation professionals, financiers and legal practitioners to discuss the recent developments reshaping aircraft financial leasing and what they mean for Malta's aviation finance sector. Malta is introducing new legislation that would provide qualifying lessors with a streamlined, notification-based alternative to a full financial services licensing, so the discussion came at a timely moment for the industry. Aeroitalia was represented by Marco Carcioffo, VP Fleet & Purchasing, who has over 18 years of experience across fleet management, operations and…
An aircraft is one of the most valuable assets an airline may acquire, yet arranging for its financing presents various regulatory burdens. It is against this background that the next significant step in the Maltese aviation finance sector is the introduction of a light touch, notification-based regime, by the Malta Financial Services Authority (MFSA). The new framework on the horizon offers an alternative route for aircraft financial leasing companies, moving beyond the traditional licensing model. At the heart of the proposed framework is the establishment of a List of Aircraft Financial Leasing Companies, to be maintained by the MFSA under…
Introduction While modern mass air travel has revolutionised global connectivity and tourism, one challenge has persisted throughout its development: flight disruptions and the rights afforded to passengers in such situations. July 2026 marks a significant moment for air passengers across the EU, with the EU institutions agreeing on a major legislative reform to Regulation (EC) No 261/2004. This reform seeks to strengthen and clarify existing passenger protections while also introducing additional rights aimed at improving the passenger experience during travel disruptions. Application Having been approved by the EU Council on 13 July 2026, the reform is expected to enter into…