A.B. Patel & Patel has a wide range of experience on aircraft sales and leasebacks, purchases, Kenyan & international financing (Syndications) and registration of aircrafts in Kenya. The financing of aircrafts ties in with the banking practice of the firm, where we have advised international finance houses on Kenyan aircraft mortgages.
Regulatory compliance and procedures of operation of aircrafts in Kenya fall within the framework of service provided. Related services have been provided for airstrip use & operation agreements and hangar and leasings.
Notable Transactions
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Advising ALS Kenya leasing and finance.
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Advising Kenyan and international corporates on several transactions relating to procurement, financing and leasing of aircrafts. Of recent acted for :-
- Muli-Act Conservation Enterprises Mauritius purchase, financing, and leasing.
- Scenic Air Safaris Limited purchasing and leasing arrangements.
- ALS Limited on aircraft purchasing and mortgages.
The aircraft transaction values ranged between US$2million to US$5million. In addition to transaction advisory role, the firm undertook registration of ownership documents in Kenya & in some instances in other East African states.
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Advising Vipingo Ridge on hanger leasing and private airstrip regulations.
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Advising Wilderness Air & Scenic Air on acquisition & joint operation agreements.
