Japan Eases Airline Slot Usage Requirements in Pandemic Response

The Ministry of Land, Infrastructure and Transport (“MLIT”) released the "Support Measures Package for Strengthening the Management Base of Airlines and Airports in the Corona Era (Revision)" on 21 December 2020, which included the following five groups of measures:(i) Measures for maintaining and securing the aviation network (ii) Measures facilitating response to funding demands and maintenance of employment levels (iii) Emergency measures to ensure the stable and smooth recovery of the air transportation sector (iv) Measures to support transition of airline and airport-related companies into sustainable business structures in the Corona era and beyond, including: 1) Measures to support efforts for improving profitability 2) Measures to support efforts for reducing costs (v) Measures to maintain and reinforce airport-related businesses...To read the full article, please see the PDF file

*This article is also available in Japanese.

It is also available in PDF.: Finance Law Newsletter (March 4, 2021) (859 KB / 4 pages) Download PDF [860 KB]

Authors

Nobuhiko HARADA

Partner
Tokyo

Nobuhiko Harada specializes in Japanese and cross-border asset finance transactions for aircraft, vessels, marine cargo containers, factory facilities, as well as other finance transactions for real estate, M&A finance, and DIP finance. He has vast experience of JOL/JOLCO transactions for aircraft, vessels, marine cargo containers, and other assets. He also has broad experience in insolvency and business restructuring (both in-court and out-of-court procedures) of various businesses including airlines, ship owners, hotel operators, golf course operators, real-estate business operators, trading companies and their subsidiaries in Asian countries. In addition to the abovementioned fields, he has expertize in airport business and the regulatory compliance of new businesses.

More Details