What Cape Town Convention 2001 - International Interests in Mobile Equipment (Aircraft Protocol) requires
The Cape Town Convention on International Interests in Mobile Equipment (2001) and its Aircraft Protocol create a self-contained international legal framework for secured financing and leasing of aircraft (airframes, aircraft engines, and helicopters), establishing an international registry at the Aviation Authority of Ireland (ICAO-designated), granting creditors swift default remedies including deregistration and export via IDERA (Irrevocable Deregistration and Export Request Authorisation), and ensuring recognition of international interests across all 89 Aircraft Protocol Contracting States - financiers, lessors, and airlines must register international interests in the International Registry (Capetown, IE) before first delivery to achieve priority over competing claims and insolvency administrators.
Pillar: Aviation, Defense & Quantum · Authority: UNIDROIT and ICAO - International Institute for the Unification of Private Law; International Registry: Aviation Authority of Ireland (AAI) under ICAO Supervisory Authority · Version: 1.0.0 · Last updated:
Primary source: https://www.unidroit.org/instruments/security-interests/cape-town-convention/
SHA-256 integrity: 3f8759a68f1c452d2000c9d4793a49006da2ce22d1d7216925578edb7fb5628a
Primary Citations — 7 traced to source
- {"title":"Convention on International Interests in Mobile Equipment - Cape Town, 16 November 2001","url":"https://www.unidroit.org/instruments/security-interests/cape-town-convention/","articles":["Article 2 (international interest - definition)","Article 3 (applicability - debtor location)","Article 4 (where debtor situated)","Article 7 (formal requirements)","Article 8-13 (default remedies)","Article 16 (International Registry)","Article 29 (priority of competing interests)","Article 30 (effects of insolvency)","Article 35 (jurisdiction)","Article 60 (UNIDROIT arbitration)"]}
- {"title":"Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment - Cape Town, 16 November 2001","url":"https://www.unidroit.org/instruments/security-interests/cape-town-convention/aircraft-protocol/","articles":["Article I (definitions - airframes ≥8MT, engines ≥1750 lb, helicopters ≥450 kg)","Article IV (applicability thresholds)","Article X (remedies on insolvency)","Article XI (Alternative A/B - insolvency waiting period)","Article XIII (IDERA - irrevocable deregistration and export request authorisation)","Article XVI (choice of law)","Article XXIX (declarations)"]}
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