MBH with Neosky in Boeing aircraft acquisition
Matouk Bassiouny & Hennawy (MBH) advised UAE-based aircraft chartering company Neosky, in connection with its USD 13,250,000 acquisition of a Boeing 737-800 aircraft from AMC Airlines (AMC), a charter airline headquartered in Cairo, Egypt.
The legal context
MBH managed all legal aspects of the transaction, including the negotiation and execution of transaction documents, coordination with the Egyptian Civil Aviation Authority, the deregistration of the aircraft in accordance with both Egyptian and international aviation conventions, the transfer of title from AMC to Neosky, and the delivery terms of the aircraft.
The MBH team
Partner and head of aviation Sherif El Hosseny (pictured) led the MBH team on the matter, working alongside senior associate Nourhane Hamdy senior associate Saifallah Kadry.
