Category

Aviation

Mamo TCV Advocates and Malta Business Network Host Runway Finance: Lease Finance in Aviation Aviation

Mamo TCV Advocates and Malta Business Network Host Runway Finance: Lease Finance in Aviation

Mamo TCV Advocates recently partnered with the Malta Business Network to host Runway Finance: Lease Finance in Aviation, an event bringing together aviation professionals, financiers and legal practitioners to discuss the recent developments reshaping aircraft financial leasing and what they mean for Malta's aviation finance sector. Malta is introducing new legislation that would provide qualifying lessors with a streamlined, notification-based alternative to a full financial services licensing, so the discussion came at a timely moment for the industry.  Aeroitalia was represented by Marco Carcioffo, VP Fleet & Purchasing, who has over 18 years of experience across fleet management, operations and…
Martina Azzopardi, Maria Gatt and Ella Vella Cardona
9th October 2026
Aircraft Financial Leasing in Malta: New Regulatory Developments and Upcoming Industry Discussion Aviation

Aircraft Financial Leasing in Malta: New Regulatory Developments and Upcoming Industry Discussion

An aircraft is one of the most valuable assets an airline may acquire, yet arranging for its financing presents various regulatory burdens. It is against this background that the next significant step in the Maltese aviation finance sector is the introduction of a light touch, notification-based regime, by the Malta Financial Services Authority (MFSA). The new framework on the horizon offers an alternative route for aircraft financial leasing companies, moving beyond the traditional licensing model. At the heart of the proposed framework is the establishment of a List of Aircraft Financial Leasing Companies, to be maintained by the MFSA under…
Michela Formosa and Joshua Chircop
22nd September 2026
Strengthening EU Air Passenger Rights: The 2026 Reform Explained Aviation

Strengthening EU Air Passenger Rights: The 2026 Reform Explained

Introduction While modern mass air travel has revolutionised global connectivity and tourism, one challenge has persisted throughout its development: flight disruptions and the rights afforded to passengers in such situations. July 2026 marks a significant moment for air passengers across the EU, with the EU institutions agreeing on a major legislative reform to Regulation (EC) No 261/2004. This reform seeks to strengthen and clarify existing passenger protections while also introducing additional rights aimed at improving the passenger experience during travel disruptions. Application Having been approved by the EU Council on 13 July 2026, the reform is expected to enter into…
Michela Formosa and Joshua Chircop
3rd August 2026
EU Guidance Note for Pleasure Boats and Aircraft AviationShipping, Yachting and Transport

EU Guidance Note for Pleasure Boats and Aircraft

At the end of April 2026, the European Commission issued a Guidance Document concerning pleasure boats and aircraft, addressing their treatment by customs and tax authorities. This marks the first instance in which the VAT status of privately owned vessels and aircraft has been specifically addressed by the European Union. The Presumption of Union Status At the very outset of the Guidance Note, the Commission clearly establishes a presumption of Union status in favour of pleasure boats and aircraft located within the EU. This status implies that such crafts are considered Union goods in free circulation within the EU customs…
Michela Formosa and Joshua Chircop
31st July 2026
Draft Rulebook on Aircraft Financial Leasing Aviation

Draft Rulebook on Aircraft Financial Leasing

Background: The First Phase of the MFSA Aircraft Leasing Consultation On 5th January 2026, the Malta Financial Services Authority (the “MFSA”) published a consultation paper proposing a notification-based regime for aircraft financial leasing companies. The first phase of the consultation was covered in an earlier article. The core proposition is to create an alternative to full licensing under the Financial Institutions Act (Cap. 376) (the “Act”) allowing companies meeting a specified asset threshold to notify the MFSA and operate under a tailored, lighter-touch framework. The said consultation invited feedback on the framework’s high-level design and the legislative amendments needed to…
Joshua Chircop and Nicholas Valenzia
28th July 2026
Mamo TCV Contributes to Chambers Aviation: Finance & Leasing 2026 Aviation

Mamo TCV Contributes to Chambers Aviation: Finance & Leasing 2026

Mamo TCV Advocates is pleased to announce its contribution to the 2026 edition of the Chambers Aviation: Finance & Leasing Global Practice Guide. The Malta chapter was prepared by Partner Nicholas Valenzia and Senior Associate Joshua Chircop, who share their insights on the legal and regulatory developments shaping Malta's aviation finance and leasing sector. Mamo TCV & Aviation Mamo TCV is recognised as one of Malta's leading aviation law practices, advising local and international clients across the full spectrum of aviation-related matters. The firm's Aviation team regularly assists with complex ownership and operational structures, aircraft financing and leasing transactions, acquisitions…
Mamo TCV Advocates
24th July 2026