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Risk is shipping's innovation handbrake | Hellenic Shipping News Worldwide

Risk is the “big handbrake” on the adoption of new technology in shipping, according to Watson Farley & Williams’ partner Mike Phillips. Speaking at a WFW seminar, Phillips said that shipowners, operators and traders exist in a world of risk and they daily work towards mitigating that risk. “Adopting new technology represents an increase in . ....

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Revolving doors: K&L Gates and Squire Patton Boggs make multiple hires

Revolving doors: K&L Gates and Squire Patton Boggs make multiple hires
legalbusiness.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from legalbusiness.co.uk Daily Mail and Mail on Sunday newspapers.

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Nok tests leasing market ahead of filing rehab plan

By Cirium2021-02-19T05:32:00+00:00
The restructuring of Thai Airways International has dominated headlines in the Kingdom, but a smaller, privately held carrier is also reorganising under the same business rehabilitation protection as the flag carrier.
Less is at stake for lessors in Nok Air’s restructuring. The airline has only about half the number of leased aircraft that Thai has, and its fleet is much simpler: just 14 Boeing 737-800s and eight De Havilland Canada Q400s, according to Cirium fleets data.
Source: Nok Air
The 737-800 is the mainstay of Nok Air’s fleet
But the lessors that do have exposure include some of the biggest names in the business, such as Avolon, BBAM, BOC Aviation and GECAS – and all of these lessors have multiple units exposed to Nok. ....

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