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: 4eb7d5812c0c670bdd0a9c54c57eba995c4c31c1788dc154d52a2d9fadee3775
Primary Citations — 7 traced to source
- Convention on International Interests in Mobile Equipment - Cape Town, 16 November 2001
- Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment - Cape Town, 16 November 2001
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