Conyers provided Bermuda law advice to FTAI Aviation Ltd. (NASDAQ: FTAI) in connection with a sale and leaseback transaction with LATAM Airlines Group SA (LATAM) for more than 30 aircraft.

In addition, the transaction also involved a Perpetual Power Agreement between FTAI and LATAM, which will see FTAI provide LATAM with a comprehensive engine power solution for CFM56 and V2500 engines through an engine exchange program. FTAI announced the transaction on 25 April 2024.

Director Jason Piney, and Associates Jacari Brimmer-Landy and Nicole Yearwood of Conyers’ Bermuda office advised on the matter, working alongside Gibson Dunn.

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