Air transportation is a vital contributor to global development and economic growth.
Airlines and airports face enormous challenges - escalating costs, fluctuating volumes in air traffic for passengers and freight, constraints on revenue growth, tighter capital markets, climate protection constraints and uncertainty surrounding aerospace and defence budgets.
However, there have also been positive developments in the market – the over-capacity of the world’s airline industries has been reduced, new business models have been developed, and the aviation industry is establishing a more agile infrastructure to provide increased operating efficiency.
Clifford Chance's internationally renowned Aviation Group – a frequent advisor on headline deals across the world – has worked with all parties in the aviation industry for more than 30 years. Our team is well placed to support clients looking to achieve efficiency and differentiation in these challenging times.