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Schoenherr advised Bulgarian Eagle airline, the ACMI (Aircraft, Crew, Maintenance and Insurance) carrier, recently founded by the Germania Group, on its expansion into Bulgaria.
Schoenherr also supported Bulgarian Eagle in obtaining the official air operator certificate ("AOC") from the Bulgarian authorities, which allows the airline to use aircraft for commercial purposes. After all the necessary licenses were issued and a demonstration flight was successfully completed, the Bulgarian aviation authority cleared the new airline for take-off.
"We are very excited to have been part of the Germania Group's expansion into Bulgaria, and to have supported Bulgarian Eagle in obtaining its community air carrier operating licence," said Schoenherr Sofia regulatory partner Stefana Tsekova.
Germania is an independent German airline which was established over 30 years ago. With its distinctive green and white branding, the airline carries more than 3 million passengers each year on short and medium-haul flights. Germania offers connections from 20 departure airports in Europe to over 55 destinations within the continent, North Africa and the Middle East. Germania's subsidiary, Bulgarian Eagle, was founded in November 2016.
The Schoenherr team advising Bulgarian Eagle consisted of Stefana Tsekova (partner, corporate/m&a, regulatory) and Ivelina Vassileva (attorney at law, labour & employment).