Our projects - Aviation Working Group

Cape Town Convention (CTC)

AWG is committed to the global ratification of CTC. It consults with governments around the world on ratification, including on the declarations to be made and the relationship between CTC and national law. CTC compliance index: AWG is developing a CTC compliance index to monitor and assess compliance by contracting states with their undertakings under CTC.

Global Aircraft Trading System (GATS)

The main purposes of GATS are to facilitate the trading and financing of aircraft equipment by reducing the burdens on lessees, lessors and financiers and to promote aircraft equipment trading and financing in an efficient, secure and predictable manner.

Cross-border transferability

The overriding objective of AWG work on XBT is to seek alignment of international regulation, national law, and best practices with the realities of cross-border transfers while at all times maintaining or improving the highest standards of safety through processes that reduce regulatory overlap and duplication and promote consistency, accuracy and simplicity.

Export credit

AWG has engaged with the OECD as a principal interlocutor since 2005 and remains active in work relating to export credit regulation.

Banking regulation

AWG monitors, and assess the effect of, capital requirements on aircraft financing.

Air navigation and airport charges

AWG is committed to working with authorities and other bodies for amounts needed to finance air navigation and airport systems.

Accounting

AWG monitors and engages in policy discussions regarding accounting rules as they impact aircraft financing and leasing.

Environmental

AWG supports global efforts to substantially lower and offset carbon emissions, ensuring sustainable development of air transport.

Insurance and liability

AWG monitors, and assess the effect of, liability rules and insurance practices that may adversely affect aviation financing and leasing.