Mamo TCV Advocates, one of Malta's leading law firms, is proud to have acted as legal advisors to Challenge Aviation p.l.c. in connection with the approval of its bond issuance programme, and extends its congratulations on this significant achievement. This landmark achievement represents a significant milestone not only for Challenge Aviation but for Malta's entire aviation industry, as it marks the first time an aviation sector company has secured such approval in the jurisdiction. Challenge Aviation forms part of Challenge Group’s growing presence in Malta. Challenge Group has established itself as a prominent player in the global air cargo market,…
The Malta Financial Services Authority (“MFSA”), in collaboration with the Malta Financial Services Advisory Council (“MFSAC”), has issued a Consultation on the Proposed Establishment of a Framework for Aircraft Financial Leasing Companies. Feedback should be submitted by not later than 9th February 2026. The MFSA is proposing to reduce the regulatory burden for aircraft financial leasing in Malta by means of a light touch statutory regime. Essentially, it is proposed that lessors or financiers of aircraft and aircraft engines that have more than EUR 100 million in assets will not require a banking or other financial services license to undertake…
In its first quarter 2025 report, Malta has once again achieved a high ranking, being placed first in Europe and second globally on the Cape Town Convention Compliance Index. With a score of 95 out of 100, Malta was rated in the “Very High” category, confirming its strong position within the global aviation sector. Background to the Cape Town Convention The Convention on International Interests in Mobile Equipment and the Protocol on Matters Specific to Aircraft Equipment (collectively known as the CTC), signed in 2001 and ratified by Malta in 2010, was created to facilitate aircraft financing and leasing by…