John K. Hoyns is co-chair of Hughes Hubbard & Reed's Corporate department and chair of its Aviation group. John has actively represented clients in the aviation industry for over 35 years and is widely recognized as a leading aviation lawyer. His practice has involved a broad array of matters, including aircraft and other equipment finance, orders and other dealings with manufacturers, purchases and sales of used aircraft, bankruptcy and out-of-court restructurings, mergers and acquisitions, and code-share and other operational agreements. With respect to aviation finance transactions, John has extensive experience with a variety of structures, including enhanced equipment trust certificates (EETCs), securitizations, operating and finance leases, leveraged leases, secured debt transactions, cross-border transactions and export credit agency-supported loans. Five of John's transactions were named "Deal of the Year" by Airfinance Journal.

Representative Transactions

Counsel in over 40 EETC offerings, including EETCs issued by United Airlines, Continental Airlines, Mesa Airlines, Hawaiian Airlines and Emirates
Representation of Republic Airways Holdings Inc. and certain of its subsidiaries in Chapter 11 bankruptcy proceedings
Representation of United Airlines in its agreement to lease up to 25 used Airbus A319 aircraft from AerCap
Representation of Republic Airways Holdings Inc. in an $81 million secured debt financing from PK Airfinance for Embraer 170LR aircraft
Representation of United Airlines in loans secured by new aircraft advanced by DVB, Credit Agricole, BNP, Nord LB, CIC, Commerzbank, SMBC and other lenders
Representation of JetBlue Airways in connection with a $350 million revolving loans and letters of credit facility secured by spare parts
Representation of Republic Airways in the $1.2 billion financing of 47 new Embraer ERJ 175 aircraft advanced by the Brazilian government’s export bank
Representation of Frontier Airlines in its order for 80 Airbus A320neo aircraft
Representation of Azul Linhas Aéreas Brasileiras in the financing of 11 new Embraer E190 aircraft

Professional Activities

Member, American Bar Association (Committee on Developments in Business Financing)
Member, Association of the Bar of the City of New York (Committee on State Legislation, 1985 – 1986)

Recognition

Ranked by Chambers USA 2007 – 2016 as one of the leading aviation finance lawyers in the United States
Identified by Euromoney's Expert Guide to the World's Leading Aviation Lawyers
Recognized in the Best Lawyers in America
Selected as one of the New York Area's Best Lawyers
Recognized by The Legal 500 United States as one of the top asset financing and leasing lawyers
Selected by New York Super Lawyers as one of the top lawyers in New York City
Recognized in the Aviation Finance chapter of Who's Who Legal: Transport 2017 and Who's Who Legal 2017 – Compendium Edition

Highlighted Publications

Publications and Lectures

"Post-Effective Matters," chap. 28 in Securities Law Techniques, edited by A.A. Sommer, Jr., Matthew Bender & Co., 1997
Co-author, "Secondary Offerings," chap. 37 in Securities Law Techniques, edited by A.A. Sommer Jr., Matthew Bender & Co., 1997
Co-author, "Rule 144A," chap. 39 in Securities Law Techniques, edited by A.A. Sommer, Jr., Matthew Bender & Co., 1997
"Gun Jumping in Offering Securities," New York Law Journal (December 1996)
"Obstacles Removed for Foreign Issuers," New York Law Journal (December 1995)
Co-author, "Disclosure Dilemma: What to Say When the Stock Exchange Calls," New York Law Journal (January 1985)
Lecturer, "How to Prepare an Initial Public Offering," Practising Law Institute, 1992 – 1996
Lecturer, "Legal Aspects of Commodity Swap Agreements," Sonat Legal Conference, 1992
Lecturer, "Representing Publicly Traded Companies," Practising Law Institute, 1982

Representative bank debt transactions include:

United Credit Facility: Representation of United Airlines as borrower under a $3.5 billion credit and guaranty agreement. The agreement provides for a $1.5 billion term loan facility and a $2 billion revolving loan and letter of credit facility
JetBlue Credit Facility: Representation of JetBlue Airways Corp. in connection with a $350 million credit and guaranty agreement with Citibank NA acting as administrative agent. The agreement provides for a $350 million revolving loan and letter of credit facility secured by spare parts
United Credit Facility: Representation of Continental Airlines and United Airlines as co-borrowers under a $1.9 billion credit and guaranty agreement. The agreement provides for a $900 million term loan facility and a $1 billion revolving loan and letter of credit facility
Republic Credit Facility: Representation of Republic Airways in a revolving loans and letters of credit facility of $60 million with Deutsche Bank AG as administrative agent. Closed April 2015
Republic Credit Facility: Representation of Republic Airways in a revolving loans and letters of credit facility of $25 million with Citibank as administrative agent. Closed April 2015
United Aircraft Secured Loans: Representation of United Airlines in loans secured by over 25 new aircraft since 2013 advanced by CIC, DVB, Credit Agricole, Nord LB, Apple Bank, Commerzbank, Sumitomo Mitsui, Commonwealth Bank of Australia and Natixis
Republic Aircraft Refinancing: Representation of Republic Airways in the refinancing of 17 Embraer ERJ-170 aircraft in 2015
Republic Aircraft Secured Loans: Representation of Republic Airways in the $1.2 billion financing of 47 new Embraer ERJ 175 aircraft advanced by the Brazilian government's export bank from 2013 to 2015

Representative debt securities transactions include:

United Senior Notes: Representation of United Continental Holdings Inc., the parent of United Airlines, in the public offering of $300 million aggregate principal amount of senior notes. Closed January 26, 2017
Emirates Senior Unsecured Notes: Representation of Emirates in the Rule 144A and Regulation S offering of $750 million principal amount of senior unsecured notes by Dubai’s Emirates Airlines. Closed Feb. 6, 2013
United Senior Notes: Representation of United Continental Holdings Inc., the parent of United Airlines, in the public offering of $300 million aggregate principal amount of senior notes. Closed May 7, 2013
United PBGC Bonds: Representation of United Continental Holdings Inc., the parent of United Airlines, in the amendment and restatement of $777 million principal amount of bonds issued to the Pension Benefit Guaranty Corp. upon United’s exit from bankruptcy. The outstanding bonds were converted into three series of new bonds with an aggregate principal amount of approximately $1.05 billion. Closed Jan. 11, 2013
Continental Senior Secured Notes: Rule 144A and Regulation S offering of $800 million principal amount of senior notes by Continental Airlines Inc. secured by certain route authorities of Continental Airlines and certain affiliates and the capital stock in and assets of certain affiliates. Closed Aug. 18, 2010. JPMorgan Chase & Co. and various other financial institutions acted as initial purchasers
Continental Floating Rate Secured Senior Notes: Rule 144A offering of $200 million principal amount of senior notes secured by aircraft spare parts owned by Continental Airlines. Closed Dec. 6, 2002. Morgan Stanley acted as the initial purchaser; MBIA Insurance Corp. provided a debt insurance policy; Morgan Stanley Capital Services was the liquidity provider. This transaction was the Airfinance Journal 2002 Deal of the Year

Enhanced Equipment Trust Certificate Transactions include:

Highlighted Matters

United 2016-2 Enhanced Pass-Through Certificates: Representation of United Airlines in the public offering of $1.05 billion principal amount of enhanced pass-through certificates to finance 18 new Boeing aircraft. Closed June 13, 2016. Morgan Stanley, Credit Suisse, Goldman Sachs Group Inc., Citigroup, and Deutsche Bank, acted as the underwriters. Commonwealth Bank of Australia was the liquidity provider
United 2016-1 Enhanced Pass-Through Certificates: Representation of United Airlines in the public offering of $919.6 million principal amount of enhanced pass-through certificates to finance 13 new Boeing aircraft. Closed Sept. 27, 2016. Credit Suisse, Morgan Stanley, Goldman Sachs Group Inc., Citigroup, and Deutsche Bank, acted as the underwriters. Commonwealth Bank of Australia was the liquidity provider
Mesa Airlines 2015-1 Enhanced Pass-Through Certificates: Representation of a major investor in a private placement by Mesa Airlines Inc. of $246 million of enhanced pass-through certificates, Series 2015-1. Closed on Dec. 14, 2015. Deutsche Bank and Goldman Sachs Group Inc. were the placement agents. Natixis was the depositary and provided the liquidity facilities
United 2015-1 Enhanced Pass-Through Certificates: Representation of United Airlines in the public offering of a $434 million principal amount of enhanced pass-through certificates to finance 10 new Boeing aircraft, including a special structure for post-closing deliveries without use of a depositary. Closed Nov. 17, 2015. Morgan Stanley, Credit Suisse, Citigroup, Deutsche Bank, Goldman Sachs Group Inc., Credit Agricole and Barclays acted as the underwriters. Commonwealth Bank of Australia and Credit Agricole were the liquidity providers
United 2014-2 Enhanced Pass-Through Certificates: Representation of United Airlines in the public offering of a $1.06 billion principal amount of enhanced pass-through certificates to finance 15 new Boeing aircraft and 12 new Embraer regional jets. Closed Aug. 11, 2014. Credit Suisse, Morgan Stanley, Deutsche Bank, Goldman Sachs Group Inc., Citigroup, Barclays, BNP Paribas and Credit Agricole acted as the underwriters. BNP Paribas is the liquidity provider and the depositary
United 2014-1 Enhanced Pass-Through Certificates: Representation of United Airlines in the public offering of a $949 million principal amount of enhanced pass-through certificates to finance 16 new Boeing aircraft and nine new Embraer regional jets. Closed April 7, 2014. Morgan Stanley, Credit Suisse, Deutsche Bank, Citigroup, Barclays, Goldman Sachs Group Inc. and Credit Agricole were the underwriters. Credit Agricole was the liquidity provider and the depositary
United 2013-1 Enhanced Pass-Through Certificates: Representation of United Airlines in the public offering of a $929 million principal amount of enhanced pass-through certificates to finance 21 new Boeing aircraft. Closed Aug. 15, 2013. Credit Suisse, Morgan Stanley, Deutsche Bank, Goldman Sachs Group Inc., Citigroup, Credit Agricole and Natixis were the underwriters. Natixis was the liquidity provider and the depositary
Hawaiian 2013-1 Enhanced Pass-Through Trust Certificates: Representation of Hawaiian Airlines in the public offering of $444.54 million principal amount of enhanced pass-through certificates to finance six new Airbus A330s. Closed May 29, 2013. Citigroup acted as sole structuring agent. Citigroup, Goldman Sachs Group Inc. and Morgan Stanley acted as joint bookrunners. Natixis was the liquidity provider and the depositary
Continental 2012-3 Enhanced Pass-Through Certificates: Representation of Continental Airlines in the public offering of a $425 million principal amount of pass-through certificates to finance (i) the acquisition of the Series C equipment notes issued with respect to 23 Boeing aircraft owned by Continental and previously financed under the Series 2012-1 or 2012-2 certificates and (ii) one Boeing 787-8 Dreamliner and 18 other aircraft. Closed Dec. 27, 2012. Credit Suisse, Morgan Stanley, Goldman Sachs, Citigroup, Deutsche Bank, Barclays, Merrill Lynch and JPMorgan Chase & Co. acted as the underwriters
Continental 2012-2 Enhanced Pass-Through Certificates: Representation of Continental Airlines in the public offering of an $844 million principal amount of pass-through certificates to finance three Boeing 787-8 Dreamliners and 18 other aircraft. Closed Oct. 3, 2012. Credit Suisse, Morgan Stanley, Citigroup, Deutsche Bank, Goldman Sachs, Jefferies and Natixis acted as the underwriters. Natixis was the liquidity provider and the depositary
Emirates 2012-1 Enhanced Equipment Trust Certificates: Representation of Goldman Sachs as sole structuring agent and sole bookrunner in a deal enabling Dubai’s Emirates airline to lease aircraft from Doric Nimrod Air Finance Alpha Limited (Doric). Doric issued a $587.5 million capital markets offering of EETCs to finance the purchase of four Airbus A380-381 aircraft that will be leased to Dubai’s Emirates airline. Closed July 11, 2012. Natixis SA, through its New York branch, acted as depositary and liquidity provider. This transaction was the Airfinance Journal 2012 Innovative Deal of the Year
Continental 2012-1 Enhanced Pass-Through Certificates: Representation of Continental Airlines in the public offering of an $892.1 million principal amount of pass-through certificates to finance four Boeing 787-8 Dreamliners and 17 other aircraft for Continental Airlines Inc. Closed March 22, 2012. Morgan Stanley, Goldman Sachs, Citigroup and Credit Suisse acted as the underwriters; Credit Suisse AG was the liquidity provider; and Natixis was the depositary
Continental 2010-1 Enhanced Pass-Through Certificates: Representation of Continental Airlines in the public offering of a $427.15 million principal amount of pass-through certificates to finance 12 currently owned Boeing aircraft and six new Boeing aircraft. Closed Nov. 17, 2010. Morgan Stanley, Goldman Sachs and Credit Suisse acted as the underwriters; Landesbank-Hessen-Thűringen was the liquidity provider; and JPMorgan Chase Bank NA was the depositary
Continental 2009-2 Enhanced Pass-Through Certificates: Public offering of a $644.44 million principal amount of pass-through certificates to finance eight currently owned Boeing aircraft and 11 new Boeing aircraft to be owned by Continental Airlines. Closed Nov. 10, 2009. Morgan Stanley, Goldman Sachs and Credit Suisse acted as the underwriters; Natixis was the liquidity provider; and The Bank of New York Mellon was the depositary
Continental 2009-1 Enhanced Pass-Through Certificates: Public offering of a $389.69 million principal amount of pass-through certificates to finance 12 currently owned Boeing aircraft and five new Boeing aircraft to be owned by Continental Airlines. Closed July 1, 2009. Morgan Stanley, Goldman Sachs and Calyon Securities were the underwriters; Goldman Sachs Bank USA provided the liquidity facility; and The Bank of New York Mellon was the depositary
Qantas Enhanced Equipment Notes: Proposed offering of notes structured similarly to US enhanced press pass-through certificates to finance, in part, the leveraged buyout of Qantas Airways
Continental 2007-1 Enhanced Pass-Through Certificates: Public offering of a $1.15 million principal amount of pass-through certificates structured as a prefunded facility finance debt for 30 Boeing aircraft to be owned by Continental Airlines. Closed April 10, 2007. Morgan Stanley, Credit Suisse, Merrill Lynch, Citigroup, UBS, Calyon Securities and JPMorgan acted as the underwriters; RZB Finance was the liquidity provider; and Credit Suisse was the depositary. This transaction was the Airfinance Journal 2007 Deal of the Year
Continental 2006-ERJ1 Enhanced Pass-Through Certificates: Rule 144A offering of a $53.86 million principal amount of pass-through certificates to provide the debt in the leveraged leases of five Embraer regional jets to be leased to ExpressJet Airlines. Closed Aug. 31, 2006. Citigroup acted as the initial purchaser and Landesbank Baden-Württemberg was the liquidity provider
Continental 2006-1 Enhanced Pass-Through Certificates: Public offering of a $320 million principal amount of pass-through certificates secured by a lien on aircraft spare parts owned by Continental Airlines. Closed on June 9, 2006. Morgan Stanley acted as the underwriter; Financial Guaranty Insurance Co. provided a debt insurance policy; and Morgan Stanley Bank and Morgan Stanley Capital Services were the liquidity providers
Continental 2005-ERJ1 Enhanced Pass-Through Certificates: Public offering of a $311 million principal amount of pass-through certificates to provide the debt in the leveraged leases of 29 Embraer regional jets to be leased to ExpressJet Airlines. Closed Sept. 22, 2005. Citigroup acted as the underwriter; Landesbank Baden-Württemberg was the liquidity provider; and Citibank was the depositary
Continental 2004-1 Enhanced Pass-Through Certificates: Rule 144A offering of a $77.47 million principal amount of pass-through certificates secured by spare aircraft engines owned by Continental Airlines. Closed Oct. 21, 2004. Calyon Securities acted as the initial purchaser; Financial Guaranty Insurance Co. provided a debt insurance policy; and Calyon was the liquidity provider
Continental 2004-ERJ1 Enhanced Pass-Through Certificates: Public offering of a $173.63 million principal amount of pass-through certificates to provide the debt in leveraged leases of 16 Embraer regional jets to be leased to ExpressJet Airlines. Closed June 29, 2004. Citigroup and Morgan Stanley acted as the underwriters; Citigroup and West LB were the liquidity providers; and WestLB was the depositary
Continental 2003-ERJ1 Enhanced Pass-Through Certificates: Public offering of a $414.56 million principal amount of pass-through certificates to provide the debt in leveraged leases of 36 Embraer regional jets to be leased to ExpressJet Airlines. Closed Dec. 10, 2003. Citigroup and Morgan Stanley acted as the underwriters and Citibank was the liquidity provider
Floating Rate Secured Subordinate Notes: Rule 144A offering of a $100 million principal amount of subordinated notes secured by aircraft spare parts owned by Continental Airlines. Closed on May 9, 2003. Morgan Stanley acted as the initial purchaser. This transaction was the Airfinance Journal 2003 Deal of the Year
Continental 2002-1 Enhanced Pass-Through Certificates: Public offering of a $329.17 million principal amount of pass-through certificates structured as a prefunded facility to provide debt financing for seven Boeing aircraft to be owned by Continental Airlines. Closed March 25, 2002. Credit Suisse First Boston, JPMorgan, Merrill Lynch & Co., Salomon Smith Barney and Morgan Stanley acted as the underwriters; Ambac Assurance Corp. provided the debt insurance policy; Landesbank Hessen-Thüringen Girozentrale and Merrill Lynch Capital Services were the liquidity providers; and Credit Suisse First Boston was the depositary. This was the first "wrapped" transaction by Continental Airlines
Continental 2001-2 Enhanced Pass-Through Certificates: Public offering of a $200 million principal amount of Class D certificates for the purchase of equipment notes secured by aircraft financed under seven prior Continental Airlines EPTC offerings. Closed July 31, 2001. Morgan Stanley and Credit Suisse First Boston acted as underwriters and Credit Suisse First Boston was the depositary
Continental 2001-1 Class C Enhanced Pass-Through Certificates: Public offering of a $191.76 million principal amount of Class C certificates relating to the earlier Continental Airlines 2001-1 Class A and B offering. Closed June 26, 2001. Morgan Stanley Dean Witter acted as the underwriter; Landesbank Hessen-Thüringen Girozentrale was the liquidity provider; and Credit Suisse First Boston was the depositary
Continental 2001-1 Class A and B Enhanced Pass-Through Certificates: Public offering of a $708.99 million principal amount structured as a prefunded facility to finance debt for 21 Boeing aircraft to be owned by or leased to Continental Airlines. Closed April 19, 2001. Morgan Stanley Dean Witter, Salomon Smith Barney, Credit Suisse First Boston, JPMorgan and Credit Lyonnais Securities acted as underwriters; Landesbank Hessen-Thüringen Girozentrale was the liquidity provider; and Credit Suisse First Boston was the depositary
Continental 2000 Floating Enhanced Aircraft Trust Securities (FEATS) Pass-Through Certificates: Regulation S offering in Europe of a $176.37 million principal amount of FEATS structured as a prefunded facility to finance debt for four Boeing aircraft to be owned by Continental Airlines. Closed Dec. 8, 2000. Credit Lyonnais acted as placement agent; Caisse des Dépôts et Consignations was the primary liquidity provider; CDC Financial Products Inc. was the above-cap liquidity provider; and Credit Suisse First Boston was the depositary
Continental 2000-2 Enhanced Pass-Through Certificates: Public offering of an $840.96 million principal amount structured as a prefunded facility to finance debt for 23 Boeing aircraft to be owned by or leased to Continental Airlines. Closed Nov. 28, 2000. Credit Suisse First Boston, Morgan Stanley Dean Witter, Chase Securities Inc., Goldman Sachs Group Inc. and Salomon Smith Barney acted as underwriters; Landesbank Hessen-Thüringen Girozentrale was the liquidity provider; and Credit Suisse First Boston was the depositary
Continental 2000-1 Enhanced Pass-Through Certificates: Public offering of a $743.32 million principal amount structured as a prefunded facility to finance debt for 21 Boeing aircraft to be owned by or leased to Continental Airlines. Closed March 15, 2000. Credit Suisse First Boston, Morgan Stanley Dean Witter, Chase Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney acted as underwriters; Landesbank Hessen-Thüringen Girozentrale and Morgan Stanley Capital Services were the liquidity providers; and Credit Suisse First Boston was the depositary
Continental 1999-2 Enhanced Pass-Through Certificates: Public offering of a $741.89 million principal amount structured as a prefunded facility to finance debt for 21 Boeing aircraft to be owned by or leased to Continental Airlines. Closed June 17, 1999. Credit Suisse First Boston, Morgan Stanley Dean Witter, Goldman Sachs Group Inc. and Salomon Smith Barney acted as underwriters; Bayerische Landesbank Girozentrale was the liquidity provider; and Westdeutsche Landesbank Girozentrale was the depositary
Continental 1999-ERJ1 Enhanced Pass-Through Certificates: Private placement of a $159.16 million principal amount to provide leveraged lease debt for the refinancing of 15 Embraer ERJ-145 aircraft leased to Continental Express. Closed April 26, 1999 and Sept. 16, 1999. Salomon Smith Barney acted as placement agent and Citibank NA was the liquidity provider
Continental 1999-1 Enhanced Pass-Through Certificates: Public offering of an $805.84 million principal amount structured as a prefunded facility to finance debt for 22 Boeing aircraft to be owned by or leased to Continental Airlines. Closed Feb. 8, 1999. Credit Suisse First Boston, Morgan Stanley Dean Witter, Chase Securities Inc., Goldman Sachs Group Inc. and Salomon Smith Barney acted as underwriters; Bayerische Landesbank Girozentrale was the liquidity provider; and Westdeutsche Landesbank Girozentrale was the depositary
Continental 1998-EMB2 Enhanced Pass-Through Certificates: Private placement of a $113.68 million principal amount to provide leveraged lease debt for refinancing of eleven Embraer ERJ-145 aircraft leased to Continental Express. Closed Dec. 31, 1998. Salomon Smith Barney acted as placement agent and Citibank NA was the liquidity provider
Continental 1998-3 Enhanced Pass-Through Certificates: Public offering of a $524.40 million principal amount structured as a prefunded facility to finance debt for 14 Boeing aircraft to be owned by or leased to Continental Airlines. Closed Nov. 3, 1998. Morgan Stanley Dean Witter, Credit Suisse First Boston, Chase Securities Inc., Donaldson, Lufkin & Jenrette Securities and Salomon Smith Barney acted as underwriters; Westdeutsche Landesbank Girozentrale and Morgan Stanley Capital Services were the liquidity providers; and Credit Suisse First Boston was the depositary. For this transaction, we prepared the first "plain English" prospectus supplement for an EPTC offering
Continental 1998-EMB1 Enhanced Pass-Through Certificates: Private placement of a $79.79 million principal amount to provide leveraged lease debt for refinancing of eight Embraer ERJ-145 aircraft leased to Continental Express. Closed July 22, 1998. Citicorp Securities acted as placement agent and RZB Finance was the liquidity provider
AIR Trust 1998-2 Enhanced Pass-Through Certificates: Private placement exchange offer to refinance debt for the leveraged lease of one Boeing 757-224 aircraft leased to Continental Airlines. Closed June 23, 1998. Morgan Stanley Dean Witter acted as dealer manager and De Nationale Investeringsbank NV was the liquidity provider
Continental 1998-2 Enhanced Pass-Through Certificates: Public offering of a $187.2 million principal amount to refinance the leveraged lease debt of 14 aircraft leased to Continental Airlines. Chase Securities Inc., Credit Suisse First Boston and Morgan Stanley Dean Witter acted as underwriters and Westdeutsche Landesbank Girozentrale was the liquidity provider
Continental 1998-1 Enhanced Pass-Through Certificates: Public offering of a $772.52 million principal amount structured as a prefunded facility to finance debt for 24 Boeing aircraft to be owned by or leased to Continental Airlines. Closed Feb. 20, 1998. Credit Suisse First Boston, Morgan Stanley Dean Witter and Chase Securities Inc. acted as underwriters; AIG Matched Funding Corp. was the liquidity provider; and Credit Suisse First Boston was the depositary
Continental 1997-5 Enhanced Pass-Through Certificates: Private placement of a $78.5 million principal amount to provide leveraged lease debt for refinancing of eight Embraer ERJ-145 aircraft leased to Continental Express. Closed Dec. 30, 1997. Citicorp Securities acted as placement agent and Citibank NA was the liquidity provider
Continental 1997-4 Enhanced Pass-Through Certificates: Public offering of a $752 million principal amount structured as a prefunded facility to finance debt for 24 Boeing aircraft to be owned by or leased to Continental Airlines. Closed Oct. 23, 1997. Morgan Stanley Dean Witter, Credit Suisse First Boston, Chase Securities Inc. and Salomon Brothers Inc. acted as underwriters; Westdeutsche Landesbank Girozentrale and Algemene Bank Nederland-Amsterdam Rotterdam Bank (ABN AMRO) were the liquidity providers; and Credit Suisse First Boston was the depositary
Continental 1997-3 Enhanced Pass-Through Certificates: Public offering of a $88.59 million principal amount to provide leveraged lease debt for refinancing of nine EMB-145 aircraft leased to Continental Express. Closed Sept. 25, 1997. Morgan Stanley Dean Witter and Citicorp Securities Inc. acted as underwriters and ABN AMRO Bank was the liquidity provider
Continental 1997-2 Enhanced Pass-Through Trust Certificates: Rule 144A offering of a $155 million principal amount to finance debt incurred by Continental Airlines to purchase ten used aircraft. Closed June 25, 1997. Credit Suisse First Boston and Morgan Stanley Dean Witter acted as Placement Agents and Kredietbank NV was the liquidity provider
Continental 1997-1 Enhanced Pass-Through Certificates: Rule 144A offering of a $707.3 million principal amount structured as a prefunded facility to finance debt for 30 new Boeing aircraft to be owned by or leased to Continental Airlines. Closed March 21, 1997. Credit Suisse First Boston, Morgan Stanley & Co., Chase Securities Inc. and Goldman Sachs Group Inc. acted as underwriters; ABN AMRO Bank and ING Bank were the liquidity providers; and Credit Suisse First Boston was the depositary. This transaction was the Airfinance Journal 1997 Deal of the Year
Continental 1996-2 Enhanced Pass-Through Certificates: Rule 144A offering of a $171.75 million principal amount to refinance the debt on five Boeing aircraft owned by or leased to Continental Airlines. Closed May 20, 1996. Morgan Stanley & Co., CS First Boston and Fieldstone FPCG Services LP acted as placement agents and De Nationale Investeringsbank was the liquidity provider
Continental 1996-1 Enhanced Pass-Through Certificates: Rule 144A offering of a $437.97 million principal amount to refinance leveraged lease debt for 18 aircraft leased to Continental Airlines. Closed Jan. 31, 1996. CS First Boston, Morgan Stanley & Co., Lehman Brothers, Merrill Lynch & Co. and Fieldstone FPCG Services LP acted as placement agents and Credit Suisse was the liquidity provider

Leasing Transactions include:

Representation of airlines, including United Airlines, Continental Airlines, Frontier Airlines, Republic Airways and Azul Linhas Aéreas Brasileiras, in leasing transactions with aircraft leasing companies, such as AerCap, GE Capital Aviation Services, Awas, CIT and Avolon, and other aviation equipment investors

Equipment Manufacturers

Representation of airlines in negotiations with substantially all major aircraft and engine manufacturers, including Boeing, Airbus, Embraer, Bombardier, General Electric, CFM International, IAE International Aero Engines, Pratt & Whitney and Rolls Royce
Airbus Order: Representation of Frontier Airlines in negotiations with Airbus regarding its order of 80 A320neo family aircraft
Boeing Order: Representation of a major European air carrier in negotiations with Boeing regarding its 787 order
Bombardier Order: Representation of Republic Airways in its purchase agreement with Bombardier as North American launch customer for 40 CS300 aircraft
Embraer Order: Representation of Republic Airways in its orders of E145, E170 and E190 aircraft from Embraer

Mergers and Acquisitions

Representation of Republic Airways in the merger of its subsidiaries Chautauqua Airlines into Shuttle America Corp.
Representation of Republic Airways in its sale of Frontier Airlines to an affiliate of Indigo Partners
Representation of Texas Air Corp. in its acquisition of Eastern Air Lines
Representation of Texas Air Corp. in its proposed acquisition of Trans World Airways
Representation of Texas International Airlines in its acquisition of Continental Airlines

John K. Hoyns

Partner