Aviation news analysis
50 SKY SHADES - World aviation news

BACA delivers essential training – EU261 (flight delay compensation) and TOMS

Download: Printable PDF Date: 28 Nov 2018 11:33 categories:
Publisher:
BACA delivers essential training – EU261 (flight delay compensation) and TOMS - Maintenance / Trainings publisher
Krista Kuznecova
Aircraft: Airplanes

BACA members made their way to the Baltic Exchange in London on Tuesday 27thNovember for training presentations on two subjects that are often misunderstood and are of current importance to brokers and operators. The two topics were EU 261 regulation regarding compensation for European flight delays and TOMS (the Tour Operators Margin Scheme).  

The session started with a presentation by Matthew Reeve of Quadrant Chambers who highlighted the application of EU261 to the charter market for tour operators and series charter flights.  Recent case law has served to muddy the waters on the interpretation of what is already a complex regulation.  Charter brokers should make sure that they fully understand the application and implications of this regulation.  

The second session was presented by Pinsent Masons. Stuart Walsh explained TOMS for brokers and agency rules, which has long been a complex and contentious area for charter brokers. It remains vital that all involved in the market preserve clarity in their contracting arrangements and dealings with HMRC or other relevant tax authorities.  This was followed by information from Maryse Heijnen on Making Tax Digital, taking effect from 1stApril 2019.


BACA Chairman Richard Mumford summed up the day by thanking the presenters and advising the audience that from a lawyer’s perspective these are extremely important issues that have been raised.

Image result for baca – the air charter association



Loading comments for BACA delivers essential training – EU261 (flight delay compensation) and TOMS...


Recommended

CDB Aviation Closes $525 Million Unsecured Credit Facility

Company’s First Unsecured Syndicated Term Loan Facility  CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”...

Seven finalist teams to shape the future of aerospace

There are so many students dreaming to participate in a world-class competiton, to submit their idea, to innovate, to develop science and different industries; Airbus is givint that opportunity - Fly...

easyJet expects record number of passengers for Easter getaway

easyJet will welcome 1.4 million passengers onto its flights over the Easter holidays (18 – 22 April) in what is set to be the busiest Easter getaway in the airline’s history. Numb...

2019 Connected Aircraft China Congress held in Shanghai was a success

According to the development forecast, by 2035, China annual passenger number will reach 1.4 billion, and civil aviation itself has become a massive data carrier that brings together people, logistics...