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Guidance on complex aviation finance and compliance issues

5 Jul 2025

Our Law Firm has advised World Star Aviation, a global aircraft leasing and asset management company, on Lithuanian law aspects of the financing of three Boeing 737-800 aircraft with a leading international financial institution as lender and UMB Bank as security trustee. The firm’s role included advising on Lithuanian insurance compliance, delivering the State of Registration legal opinions, and coordinating closing deliverables with international counsel to the lender.

Šulija & Partners regularly assists foreign lessors, aircraft owners, and financiers in connection with aircraft lease contracts and compliance matters, providing cross-border legal support in complex aviation transactions.

As from1 July  2025, the Cape Town Convention entered into force in Lithuania, and the national aircraft registration rules have been updated accordingly. Our team continues to advise clients on the practical implications of these changes for aircraft leasing and financing structures.

 

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Highlights

Lithuania: Key Tax Changes Effective 1 January 2026

2 Jan 2026

As from 1 January 2026, Lithuania isimplementing a wide-ranging tax reform

Advising on Cross-Border Sale and Delivery of Legacy 650 Business Jet

2 Oct 2025

Šulija & Partners supported the successful cross-border sale and delivery of an Embraer business jet, acting as joint legal counsel from LOI to closing

Sulija & Partners Advises GetJet Airlines on high profile ACMI contract

1 Oct 2025

Šulija & Partners supports GetJet Airlines in strategic capacity deal with Etihad Airways

Client Alert: Fly PLAY hf. Ceases Operations and Cancels Flights

29 Sep 2025

PLAY Ceases Operations: What Passengers and Creditors Need to Know?

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Šulija Partners Law Firm Vilnius, registered office Jogailos street 11, Vilnius, LT-01116, Lithuania, fax +370 52051926, e-mail: info@SulijaPartners.com

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