Aircraft Finance

Lawyers

BOYANOV & Co. has extensive experience in aircraft finance. In this area, our lawyers are recognized for their expertise, pragmatism, and efficiency.

We provide legal support to:

  • international aircraft operating lessors on commercial, regulatory and tax aspects of aircraft and engines leasing to Bulgarian airlines;
  • aircraft owners on the sale of aircraft and associated lease arrangements;
  • banks, security trustees, and other financing institutions on aircraft-related loan arrangements and granting of security interests for aircraft and aircraft leases;
  • airlines on corporate and regulatory matters; and
  • creditors of insolvent airlines.

The firm provides advisory services on local legal issues arising from all types of aircraft-related transactions, including significant international aircraft financing. Based on its profound legal knowledge and devoted and innovative approach, the Boyanov & Co. team successfully assists its clients in the process of overcoming the legal challenges on the aviation market and achieving their business goals in a time- and cost-efficient manner.

Our services include:

  • developing letters of intent, memoranda of understanding, and term sheets;
  • negotiating and advising on operating leases, finance leases, and related corporate guaranties;
  • reviewing and advising on aircraft procurement and sale arrangements;
  • advising on engine swaps and pooling arrangements;
  • providing support for the improvement of foreign law security interests (such as aircraft mortgages, security assignments in aircraft leases, etc.);
  • working on the establishment of local law security interests (such as aircraft pledges and registered pledges on lease receivables) and advising on their foreclosure;
  • representing clients before the Civil Aviation Administration of the Republic of Bulgaria in relation to the improvement of security interests and/or ensuring compliance with relevant regulatory requirements;
  • providing legal opinions envisaged by transaction documents for the benefit of aircraft lessors, sellers, or lenders;
  • providing advice and supporting negotiations on settlements of disputes with Bulgarian airlines under effective aircraft leases;
  • assisting on the prompt repossession of aircraft by their owners; and
  • filing for relief under applicable double taxation treaties on behalf of aircraft lessors or lenders.
Please see also the Deals and Cases section.

Recognition

  • The Legal 500 2025 Raina Dimitrova Trayan Targov

    ‘Raina Dimitrova and Trayan Targov are both incredibly sharp – we always feel in good hands when using them on our matters.’ Transport (including shipping), Rank 1, The Legal 500 2025

  • The Legal 500 2025 Raina Dimitrova Trayan Targov

    ‘Special mention to both Raina and Trayan for always being available and for their swift and efficient responses. They both seem to anticipate what we will need for any given transaction and will have the documentation prepared or amended as soon as the transaction commences.’ Raina Dimitrova, Trayan Targov, Transport (including shipping), Rank 1, The […]

  • The Legal 500 2025 Transport (including shipping)

    ‘We are most happy with the services provided to us by Boyanov & Co throughout many years of various transactions in this jurisdiction. They provide very prompt and helpful service and we have come to rely on their expertise on diverse matters (both full transactions and for smaller queries).’ Transport (including shipping), Rank 1, The […]

  • The Legal 500 2025 Transport (including shipping)

    ‘The Boynov team is incredibly efficient, communicative and sophisticated.’ Transport (including shipping), Rank 1, The Legal 500 2025

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Insight

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