With Michael Jürgen Werner
The issue of embargoes is having an increasing impact on the aviation business. The impact of embargoes is particularly being felt more and more keenly in aircraft leasing where those embargoes have an impact in the jurisdiction in which either the lessee or the lessor are located or the leasing arrangements otherwise have a close link to a country subject to restrictive measures. As the EU is one of the key players in respect of setting embargoes, this article will focus on how the embargo syst