December 2022

December Jurisdictional Update – India

Update provided by Ramesh Vaidyanathan with Advaya Legal:  

Operations are increasing, and consolidation is occurring, resulting in lower fares and better connectivity for passengers. The new airline Akasa Air started operations, the privatization of Air India is continuing to take shape, and Air India and Vistara are merging. 

A new regulatory change allows wide-bodied aircraft to be leased for longer terms.  


The L2b Aviation tax booklet has been so helpful to me and my practice!

-Andrea Villa, Harper Meyer, USA (Miami)

Extremely responsive, very helpful and highly knowledgeable: they understand the cultural issues faced by foreign firms – Santamarina y Steta

It is important to us to have attorneys in foreign jurisdictions with aircraft and/or aviation finance experience.  We have been happy with our L2b lawyers.

-Laura Ice, Textron Financial Corp.

I am fortunate to have found Ulrich. He is one of a select group of outside attorneys on whom I absolutely rely.

I enjoy working with Khachaturyan (of Asters) he is easy to work with and he is “quick to respond. – Chambers Global

I trust Ulrich’s judgment – his advice is both legally on point and commercially savvy. In reality, Ulrich functions more like an in-house attorney, since he acts on our behalf with very little supervision or direction required.

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