Legal advisory firm Watson Farley & Williams (WFW) has advised Italian bank Banco BPM, the lender, arranger and hedging bank on a loan granted to Italian airline SkyAlps, to finance the purchase of up to eight aircraft. The €25 million loan will be structured in three tranches, with the first used to partially finance the acquisition of six of the eight de Havilland Dash-8 Q400 turboprop aircraft already delivered to SkyAlps. The second and third tranches will be used in a similar fashion for the remaining two aircraft. The multidisciplinary WFW Italy team that advised Banco BPM was led by

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