In its annual awards announcement on June 30, aviation and aerospace finance industry magazine Airfinance Journal honored global law firm White & Case LLP with three Deal of the Year awards:
- Africa Deal of the Year, for White & Case's representation of Air Austral in relation to the multi-jurisdictional pre-delivery financing of three Airbus aircraft.
- Used Aircraft Deal of the Year, for White & Case's representation of a consortium consisting of Altor Fund V, the Strawberry Group and TDR Capital on the acquisition of the business of Thomas Cook Nordic Leisure Travel Group. Nordic Leisure Travel Group has around 2,300 employees who annually serve 1,600,000 Nordic customers through tour operators Ving, Globetrotter, Spies and Tjäreborg, the airline Sunclass Airlines, and the hotel brands Sunwing Family Resorts, Ocean Beach Club and Sunprime Hotels.
- Latin America Deal of the Year, for White & Case's representation of Avianca in its export credit-supported financing for more than 70 Airbus aircraft and the restructuring of the ECA-supported fleet of AviancaTaca Holding.
"The continued success of our global aviation practice is reflected in these awards, both from a geographic coverage perspective and in the broad range of legal services we are able to provide to our clients," said Global Head of Asset Finance Justin Benson (London). "We very much appreciate the continued recognition of our transactions and practice by the industry."