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 contribute 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 undertake analytic work relating to the matters within the scope of the object specified above, including, without limitation whatsoever, in fields of 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
Representation of AWG member views
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
All additional items
Do all things incidental or conducive to the attainment of the objects specified above
Featured Projects
Compliance with the CTC
AWG was created to contribute to, and was a central participant in, the development of the Cape Town Convention (CTC).
Ratification and implementation of CTC
AWG was created to contribute to, and was a central participant in, the development of the Cape Town Convention (CTC).
Cross border transferability (XBT)
XBT seeks 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
Standardized documents to facilitate aircraft transfers
AWG produces standard documents for the elective use by the aviation industry. All work on documentary standardization is undertaken in accordance with strict compliance guidelines produced by leading international counsel.