Aircraft leasing and contractual estoppel: signing an acceptance certificate will likely preclude future disputes as to delivery condition (Practical Law Dispute Resolution Blog) David Hopkins

Aircraft leasing and contractual estoppel: signing an acceptance certificate will likely preclude future disputes as to delivery condition (Practical Law Dispute Resolution Blog) David Hopkins


CategoryNews, Articles Author David Hopkins Date

In Aquila WSA Aviation v Onur Air, Cockerill J gave summary judgment for the claimant on its claim for unpaid sums and damages arising from a lease of an aircraft engine. The lease was comprised of standard IATA Master Short Term Engine Lease Agreement terms (the Master Agreement) and various additional bespoke terms (the Lease Agreement).

The judgment will be of particular interest to those in the aviation industry, and those advising such clients. In addition, the case is a useful illustration of the application of the doctrine of contractual estoppel established in Peekay Intermark v ANZ and Springwell Navigation v JP Morgan.

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