Industry: Airlines & airports

Spain’s state-owned airport operator says an English court has unfrozen assets relating to London’s Luton Airport, which had been targeted by one of the state’s ICSID creditors. 

20 September 2024

A French court has allowed a Chinese investor to seize planes owned by the Nigerian government as it seeks to enforce a US$81 million investment treaty award.

19 August 2024

Air Canada has asked a US court to enforce a US$20 million ICSID additional facility award against Venezuela over earnings the state refused to convert from bolivars to US dollars.

02 August 2024

UAE budget airline Air Arabia is reportedly preparing to launch arbitration against Armenia over their joint venture to create the country’s national flag carrier. 

18 July 2024

UPDATED WITH COUNSEL. An HKIAC tribunal has ordered the operator of an airport in southern China to pay US$38 million to a Chinese private equity fund over an aborted share sale – a case where the claimant initially sought almost US$900 million in damages. 

08 July 2024

A French-owned airport operator has filed a €200 million arbitration against Portugal over restrictions relating to the covid-19 pandemic, as an award against the state arising from a postal services concession is set aside.

14 June 2024

AWARD NOW PUBLIC: A private equity-backed Panamanian entity has won US$56.5 million in its ICSID claim against Uruguay over the collapse of the country’s flag carrier airline – while the state says it knocked out 94% of damages sought.

14 February 2024

The Singapore International Commercial Court has said it will grant an anti-suit injunction to prevent a Korean airline from pursuing litigation in its home courts against a Swiss catering group and its directors.

12 December 2023

The Paris Court of Appeal has upheld an US$20 million ICSID additional facility award won by Air Canada against Venezuela over earnings the state refused to convert from bolivars to US dollars.

24 October 2023

The operator of the largest airport in Honduras has made good on its threat to bring a contract-based ICSID claim against the state after a government minister said its concession would be reviewed.

13 September 2023