WHO WE ARE
Aviation working group (AWG) is a not-for-profit legal entity comprised of major aviation manufacturers, leasing companies and financial institutions that contributes to the development of policies, laws and regulations that facilitate advanced international aviation financing and leasing.
Purpose
The statutory objects of AWG, as set out in its memorandum of association, are to contribute to the development and acceptance of policies, laws, regulations, and rules that:
Facilitate advanced international aviation financing and leasing.
Address inefficiencies in aviation financing or leasing or that constrain these transactions.
Statutory object
The statutory objects of AWG, as set out in its memorandum of association, are:
Development of Policies & Regulation
To contribute to the development and acceptance of policies, laws, regulations, and rules that:
Facilitate advanced international aviation financing and leasing.
Address inefficiencies in aviation financing or leasing or that constrain these transactions.
Analytical Work & Research
To act as a vehicle for undertaking analytic work relating to the matters within the scope of the object specified above, including, without any limitation whatsoever, in fields of property and contractual rights, insurance and liability, banking, accounting and taxation, and international trade.
Interaction with Organizations & Governments
To interact with states, intergovernmental organizations, and other public and private national or international bodies, associations or groupings, in each case as relates to the objects specified above.
Additional Contributions
Do all things incidental or conducive to the attainment of the objects specified above.
Representation & Technical Assistance
To participate in the work of, represent the views of its members in, and otherwise provide technical assistance to, the specialized bodies of the United Nations and other bodies and groupings established by international agreement, in each case as relates to the objects specified above
Featured Projects
AWG principles, guidelines, and materials on fundamental aviation financing and leasing items
AWG has released the following statements and principles on fundamental financing and leasing items.