The Aviation Working Group (AWG) has released draft instruments to be used in the Global Aircraft Trading System (GATS), an online platform designed to make the buying and selling of aircraft and engines on lease simpler and faster, to reduce the burden on airlines, lessors and financiers, and to produce widespread benefits for the industry. Comments on these exposure drafts are requested by the end of June 2019. In July 2019, the transition period will commence with the publication of finalized transition period standard form GATS instruments. The GATS platform for electronic trading will launch by the end of the

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